contracting businessc10 electricalLicensed since 2018
Elite Underground INC
P O Box 6930, Folsom, CA 95763
What the public record says
- Licensed since 2018 (8 years)
- $25,000 contractor bond
- Carries workers' compensation (has employees)
- Classifications: A, B, C10
- Owned by a corporation
Licenses and permits
- A General EngineeringCA Contractors State License Board · #1046423 · since 2018
- B General BuildingCA Contractors State License Board · #1046423 · since 2018
- C-10 ElectricalCA Contractors State License Board · #1046423 · since 2018
Estimated value
Fair$564K – $1.4M
Based on the license record looking like a company-sized operation (workers' comp, several classifications or a larger bond); businesses like that typically bill around $2,200,000 a year. At a typical 16% owner margin and 2.77x multiple for contractors.
Estimate, not an appraisal. How we value
Tighten this with your numbersRecord built from 1 public file. Updated 11/9/2026. Own this business? Claim the page or ask for a change.
Estimated value
Fair$564K – $1.4M
Based on the license record looking like a company-sized operation (workers' comp, several classifications or a larger bond); businesses like that typically bill around $2,200,000 a year. At a typical 16% owner margin and 2.77x multiple for contractors.
Estimate, not an appraisal. How we value
Tighten this with your numbers