Profitable Electrical Contracting Business For Sale – Established For 15 Years ~ Virginia

Business Overview:

Established Commercial Electrical Contractor – $700K+ Backlog, Priced to Move This is a rare opportunity to acquire a well-established, highly reputable commercial electrical contracting business in Virginia with over $700,000 in active backlog, a skilled workforce, and strong infrastructure in place. Founded in 2009, the company specializes in commercial, industrial, higher education, and municipal projects. It holds a Class A Electrical License, positioning it well for both private and public sector growth. Known for quality workmanship and safety, the business maintains long-term relationships with general contractors and clients, supported by a loyal and experienced team of 16 employees. The current owner is retiring and has scaled back day-to-day involvement, leading to a dip in 2024 financials. In response, the asking price has been significantly reduced, creating a high-value opportunity for the right buyer. With backlog in place and a solid foundation, the business is poised for a strong rebound under new ownership. Key Highlights • $700K+ in Active Backlog • Class A Electrical License • 8 Company Vehicles Included • No Brick-and-Mortar Overhead • 2,000 sq. ft. Leased Warehouse for Inventory • Long-Tenured, Skilled Workforce • Policies, Systems, and Safety Programs in Place Ideal Buyer • A licensed electrician ready to take ownership of an established, reputable operation • An electrical or general contractor seeking to expand regionally through acquisition • A strategic buyer or investor group looking for a bolt-on with contracts and team in place Growth Opportunities • Expand into residential services to diversify revenue • Hire a dedicated estimator or business development lead to drive volume • Tap into existing backlog for immediate revenue growth Operational Structure • No storefront – business operates lean with minimal overhead • 2,000 sq. ft. warehouse leased for storage and staging • Full staff of 16, including licensed electricians and office support • Owner willing to assist with a transition to ensure smooth handover Established: 2009 Employees: 16 Vehicles Included: 8 Inventory: Included in asking price Reason for Sale: Retirement

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Reason for Selling:

Retirement

Additional Details:

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