This is a rare opportunity to acquire a long-established and highly reputable electrical contracting business with over 30 years of successful operations and strong community presence. The company has built a loyal customer base with significant repeat and referral business generated through years of quality service, reliability, and trusted relationships. The business operates with a skilled team of 2 employees and independent subcontractors, allowing flexibility and scalability depending on project size and demand. The company services residential, commercial, and/or industrial clients with a reputation for professionalism and dependable work.
- Asking Price:
- $375,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $549,533
- Cash Flow:
- $140,892
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates on 1,000 sq. ft. warehouse and office facility for $2,200 / month located on a Storage facility month to month contract, designed to support daily operations efficiently while maintaining low overhead costs. The space accommodates administrative functions, project coordination, equipment and material storage, and operational support for field crews and subcontractors. The current setup provides an efficient and cost-effective operational base with flexibility for future growth and expansion if desired.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business offers substantial growth potential for a motivated owner/operator or strategic buyer. Current ownership intentionally limits expansion and regularly declines additional projects due to retirement goals and workload preferences. Opportunities exist to increase revenue by accepting additional jobs, expanding staffing, pursuing larger commercial contracts, increasing marketing efforts, adding service offerings, and growing into adjacent markets. With strong industry demand and an established reputation already in place, the company is well-positioned for continued expansion under new ownership.
- Competition / Market:
-
The electrical services industry continues to experience steady demand driven by new construction, renovations, infrastructure upgrades, and ongoing maintenance requirements. The company competes successfully through its long-standing reputation, repeat clientele, reliability, and personalized customer service. Unlike many newer competitors, this business benefits from decades of market presence, established trust, and loyal customers who continue to generate recurring business and referrals.
- Reasons for selling:
-
The owner is seeking retirement.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 3 FT/1 PT
- Years established:
- 31
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $65,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
- Relocatable:
- This business can be relocated
