$900k Revenue B2B Electrical Contractor SE MN

Business Overview:

An established, highly profitable electrical contracting firm located in Southeastern Minnesota is available for acquisition. Operating for nearly two decades, this shop has built a resilient, high-margin business model focused almost exclusively on commercial and industrial clients. The company generates approximately $1 million in annual revenue while maintaining exceptional profitability, boasting a SDE margin of roughly 36% and an EBITDA margin of 25%. Benefiting from consistently improving gross profit margins, the firm has successfully cultivated relationships with prominent local manufacturers and industrial facilities. This commercial focus ensures a steady stream of revenue and insulates the business from residential market fluctuations, which currently make up five percent or less of their portfolio.
The company operates with a highly experienced team carrying Master and Journeyman electrical licenses. Due to its strong regional reputation and the general scarcity of specialized commercial electricians, the business currently experiences a surplus of demand and regularly turns away new projects. A prospective buyer, whether an individual licensed electrician seeking a stable platform or a larger regional firm pursuing a strategic add-on acquisition, could immediately scale revenues by hiring additional staff to capture this unfulfilled commercial demand or by expanding into the residential sector. Furthermore, the firm is well-positioned to capitalize on ongoing regional infrastructure upgrades and industrial modernization, requiring minimal capital expenditures to maintain its current operations.

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Property Features and Assets:

The business operates out of a modest, leased 1,500-square-foot facility. This footprint serves primarily as a staging ground and climate-controlled storage for the company’s fleet of service vehicles and specialized equipment. Because field staff dispatch directly to client sites for installations and maintenance, the enterprise does not require a high-visibility retail storefront or a sprawling warehouse. A new owner should be prepared to absorb this operation into an existing footprint or find an alternative facility.

Assets = $160,000

Market Competition and Expansion:

The local electrical contracting market is characterized by extreme demand and a severe shortage of qualified technical labor. This dynamic creates a highly cooperative, rather than fiercely competitive, local environment. Established shops frequently refer excess jobs to one another because regional demand consistently outpaces available service capacity.

The firm currently turns down a fair volume of incoming project requests. A growth-minded buyer could immediately increase top-line revenue simply by hiring additional licensed technicians to capture this unfulfilled demand. Furthermore, the company has intentionally ignored the residential market and the rapidly expanding green-energy sector. Expanding into high-demand areas like residential service updates, localized battery storage, and electric vehicle (EV) charging infrastructure represents a highly lucrative, entirely untapped frontier for the next owner.

Reason for Selling:

Owner wishes to retire. Kindly ask the seller for more information.

Additional Details:

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