NOT DISCLOSED, Minnesota
| Asking Price |
$300,000 |
Year Established |
2021 |
|
| Annual Revenue |
$535,297 |
Reason for Selling |
Moving out of state |
|
| Annual P/L |
$0 |
Attention |
Katie Black |
|
| Annual Cash Flow |
$217,390 |
Listing Number |
1008797 |
|
| # of Employees |
2 |
Business Category |
Services: Utilities: Electric, Gas, Water, Sanitary |
|
Business Overview:
Established Residential Electrical Contractor – Twin Cities Metro
A rare opportunity to acquire a thriving, full-service residential electrical company with a rock-solid reputation in one of the Midwest's most active housing markets. Built on years of quality craftsmanship across new construction, remodeling, and service work, this business has earned a loyal following that keeps the phone ringing — with minimal marketing spend. In fact, the current owner regularly turns away work, leaving significant upside for a growth-minded buyer.
Business Highlights:
- Established brand with an outstanding reputation for quality and professionalism
- 70% recurring revenue driven by repeat clients and referral networks
- Diversified work mix: new construction, remodeling, and service/repair
- Recession-resistant trade in a high-demand market
- Immediate growth opportunity — built-in demand the current owner can't fulfill
- Cash Flow: $217,000 | Asking Price: $300,000 | 1.38x Multiple
Seller is committed to a smooth transition and will provide training and support.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity