Listing Number: 090122-438857
Description
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.
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The business for sale is the only approved service and supplier of particular electrical products that the military uses on their equipment. The equipment needs to be consistently fixed, serviced and re-built. There are contracts already in place through 2026. Currently the owners do most of the work but their is enough cash flow you could replace them with new hires or an run as an owner operator. It is preferred that the new owners have a similar experience in mechanical and electrical ratings or are comfortable running this type of business with employees. Not only is there consistent cash flow right now but their are several areas that could grow the business.
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This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.
This is an excellent opportunity for an investor or a strategic buyer looking to acquire a successful business with a strong foundation, an excellent reputation and room for growth. The owner is retiring but willing to stay on for a transition period to ensure a smooth handover. This highly reputable electrical contracting business specializes in commercial, industrial, higher education and municipal projects. Established in 2009, this Virginia-based company has built a solid reputation for delivering quality work, evidenced by long-term relationships with general contractors and a loyal client base. The business boasts experienced, long-term employees with low turnover and has policies, systems, and safety manuals in place, ensuring smooth operations.
With SWaM Certification and a Class A Electrical License, this business is well-positioned for continued growth. This business presents a unique opportunity for a new owner to step into a profitable, well-established business with over $700K in backlogged work and excellent potential for expansion into residential services.
Key Highlights:
Established: 2009
No brick-and-mortar overhead
Experienced, long-term workforce
SWaM Certified and Class A Electrical License
$700K+ in backlogged work
2,000 sq. ft. leased warehouse for inventory
8 Company Vehicles convey with the sale of the business
Listing Details
- Price: $250,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $108,974
- Total Sales: $418,556
- Location: Anne Arundel County, Maryland
- Inventory: $10,000
- FF&E: $50,000
- Employees: 1
- Year Established: 1990
- Reason for Selling: Retirement
- Category:
Contact Agent:
- Aamer Chaudhary
- Phone: (202) 509-3739
- Email: achaudhary@tworld.com