Profitable Long Established Electrical Contractor

Business Overview:

This electrical contractor services a 5 county area in a growing region of North Carolina. They have carried on the tradition of quality electrical service and installations for over 50 years. This company does $1.5mm annually with 75% commercial (government, healthcare, industrial and education) and 25% residential (custom, spec and remodels). This fully-licensed operates out of a 5,000 foot warehouse/office. They handle all commercial electrical needs for both new construction and renovations. Including lighting and data cabling. They have built a reputation as an expert while building an impressive customer list; including box stores, franchise systems, all levels of government, hospitals and more.

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Property Features and Assets:

The business is run from their owned warehouse/office 5,000 square feet on about 1/2 acre of land. The owners will consider a competitive offer for a sale or will consider offering a lease for a qualified buyer.

Market Competition and Expansion:

Some competition exists. No one can offer the breath of services this company offers in their market. Potential growth: Very little, almost nothing has been spent for advertising. The sale of generators could be expanded which is 10% of sales currently.

Reason for Selling:

Second generation owner wants to travel.

Additional Details:

Documents:

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