High-Growth Electrical Contractor – Central Ohio

Business Overview:

An exceptional opportunity to acquire a rapidly growing, established electrical contracting company serving commercial and residential customers throughout Central Ohio. The Company has experienced significant growth, with revenue increasing from approximately $476,000 in FY2024 to $1.44 million in FY2026, representing growth of more than 200% over the three-year period. Gross margins have remained consistent at approximately 43%–47% throughout this expansion. Approximately 80% of revenue is generated from commercial work, with the remaining 20% generated from residential customers. The Company provides a broad range of electrical services, including commercial tenant improvements, high-voltage installations, EV charging infrastructure, critical power systems, electrical service work, panel upgrades, lighting installations, and other specialized electrical projects. The Company has developed capabilities that allow it to pursue sophisticated commercial and specialty electrical projects that many smaller electrical contractors are not equipped to perform. Recent projects have included commercial projects in the $250,000 range and a significant critical-power/data-center equipment upgrade. The business currently has approximately $500,000 in contracted backlog and a commercial estimating pipeline exceeding $3 million, providing meaningful visibility into future revenue opportunities. Growth Opportunities Significant opportunities remain available to a new owner. Management believes one of the largest opportunities is expanding the Company's critical power and UPS capabilities, particularly given Central Ohio's rapidly developing data-center and technology infrastructure market. Additional growth opportunities include increasing the Company's currently modest marketing investment, expanding digital marketing and SEO throughout the broader Columbus market, adding dedicated project-management capacity, increasing conversion of the existing commercial estimating pipeline, and continuing to expand relationships with regional and national general contractors. The Company also has specialized manufacturer certifications and engineering relationships that provide access to higher-value electrical projects and create opportunities to expand these capabilities across a larger geographic territory. Employees The Company has a 12-person team, including approximately eight field technicians and four administrative/back-office personnel. Ownership has made significant investments in systems and personnel designed to reduce owner dependency. Professional estimating is outsourced to a specialized third-party provider, while accounting and administrative functions have been moved to dedicated staff. An experienced field leadership structure is also in place, providing an established workforce and operational foundation for continued expansion. Facilities The Company operates from leased office and warehouse space in a desirable Central Ohio location. The facility includes office and administrative space, employee meeting areas, dedicated fleet parking, and organized warehouse space for parts, inventory, tools, and equipment. The real estate is leased and is not included in the sale. Competition The Company competes with local electrical contractors, national and regional service providers, and smaller independent operators. It differentiates itself through specialized technical capabilities, manufacturer certifications, engineering relationships, an established commercial general-contractor referral network, strong digital marketing visibility, and the ability to perform sophisticated commercial and critical-power projects. Electrical licensing requirements and the ongoing shortage of skilled electricians also create meaningful barriers to entry. Growth & Expansion A new owner could accelerate growth through: Expansion of critical-power, UPS and data-center-related services Increased commercial project capacity Increased marketing and lead-generation spending Geographic expansion throughout Greater Columbus Addition of dedicated project-management personnel Greater conversion of the Company's $3+ million commercial estimating pipeline Expansion of relationships with regional and national general contractors Additional municipal and government-related contracting opportunities Support & Training The seller is willing to provide an appropriate post-closing transition and training period to assist a new owner. Additional transition support can be negotiated depending upon the buyer's experience and transaction structure. Reason for Selling The founder is an entrepreneur and business builder who intends to pursue another startup venture. The Company has reached a stage where ownership believes its next phase of growth will benefit from a new owner focused on scaling the established platform.

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Property Features and Assets:

The Company operates from leased office and warehouse space with dedicated fleet parking. The Company also leases warehouse space used for organized parts inventory, tools, and equipment storage. The real estate is leased and is not included in the sale. The Company maintains a fleet of five service vans and one pickup truck, along with the tools and operating equipment necessary to support its electrical contracting operations. Management intentionally maintains an asset-light model and rents heavy equipment as needed rather than carrying the associated fixed costs. Approximately $100,000 of vehicles, tools, and operating equipment is included in the asking price. A detailed asset schedule will be provided during due diligence.

Market Competition and Expansion:

The Company serves the growing Central Ohio market, with residential service concentrated in the northern Columbus suburbs and commercial projects throughout the greater Columbus area. It differentiates itself through specialized technical capabilities, manufacturer certifications, engineering relationships, strong digital visibility, and established relationships with regional and national general contractors. Central Ohio’s expanding data-center and technology infrastructure market creates significant opportunities for critical-power and UPS-related services. The Company also benefits from electrical licensing requirements and skilled-labor needs that create meaningful barriers to entry.

Reason for Selling:

The owner is starting a new company and has decided to sell the business so he can dedicate his full time and attention to the new venture. He is committed to providing appropriate transition assistance to help ensure a smooth transfer to new ownership. Kindly ask the seller for more information.

Additional Details:

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