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Listed by:

Transworld Business Advisors Richmond

Well-Established Cutting-Edge Electrical Contracting Business (Tesla Charging) For Sale

Virginia, US
Asking Price:
$1,200,000
Sales Revenue:
$2,216,500
Cash Flow:
$277,533

Cutting-Edge Electrical Contracting Business (Tesla Charging)

Established in 1993, this cutting-edge electrical 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 and Tesla charging stations 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.

This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.

Property Information

Location:

-Leasing option available-

Monthly Rent: $1,533.00

Lease Expiration Date: January 17, 2025, 9:00:00 PM

-Real Estate Available-

Real Estate Asking Price: $600,000.00

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Retiring

Trading hours:

7:30 am to 4:30 pm

Employees:
6
Years established:
1993

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$15,000