Electrical Service Contracting Business
Not Disclosed, VA Not Disclosed
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- RE: Electrical Service Contracting Business
- Contact: Bill Kelly
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $2,216,500 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $277,533 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 6 | |
| BBN Listing #: | 945528 | |
| Broker Reference #: | 9525-457845 |
Business Overview:
Electrical Service Contracting Business
Established in 1993, this cutting-edge electrical service contracting business has thrived as a family-owned enterprise. Fully licensed, the company expertly balances residential (60%) and new construction/commercial (40%) projects. Always ahead of the curve, the business now offers installation of Generac generators for both residential and commercial clients. Located in a high-growth area, the company continually expands with new accounts, benefiting from a largely affluent clientele that ensures recurring revenue through maintenance contracts. With each technician fully licensed and insured, the business is primed for seamless transition to new leadership. The retiring owner leaves behind a dedicated, experienced, and motivated team, ready to uphold the company's reputation for excellence. The owner is willing to stay for a reasonable amount of time (TBD) for a smooth transition. This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.
Contact the Seller:
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Property Features and Assets:
Monthly Rent: $1,533.00
Lease Expiration Date: January 17, 2025, 9:00:00 PM
This dynamic electrical contracting business was started in 1993 and has been profitably operated as a family-owned business. The company is fully licensed and focuses on a blend or Residential (60%) and New Construction/Commercial (40%).
Keeping up with the latest technology, the business now includes the installation of Generac generators for commercial and residential.
Other Services include Panel Upgrades, Telephone & Data Wiring, Recessed Lighting, Cabinet Lighting, Private Underground Utility Lines, Complete Home Rewiring,
Pool & Hot Tub Wiring, and a wide array of other electrical related services.
The company is housed in a 5,520 SQFT, free standing building on 1.01 acers. The building can be rented or purchased separately. Several trucks, equipment, and all office FF&E is included with the sale.
The owner and his wife are retiring, but the company is fully staffed to continue under new leadership. Each technician is licensed and insured. A signed NDA is required to receive more information. Please call Broker for details.
Market Competition and Expansion:
Competition: There is a shortage of electricians and electrical service companies in most areas of the country, providing steady double digit growth for well run companies such as this.
Expansion: This business is in a high growth area, and expanding each year with new residential and commercial buildings. The area is largely comprised of more affluent residence providing plenty of opportunity for residual maintenance contracts.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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