Hot Listing

Established and Reputable Electrical Contracting Company

Asking Price$280,000

Cash Flow
$112,271
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$502,669

Inventory$30,000
Not included in asking price
FF&E$30,000
Included in asking price
listing imageSave
Hot Listing

Established and Reputable Electrical Contracting Company


Asking Price$280,000

Cash Flow
$112,271
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$502,669

Inventory$30,000
Not included in asking price
FF&E$30,000
Included in asking price

Seller Financing Available
Business Description
Excellent opportunity to own an established electrical contracting company that has been serving customers in DC, Maryland and Virginia for over 30 years. The owner is a Master Electrician and has several employees who perform work for the company as well. There is a combination of commercial and residential customers with several key long-term relationships in place with General Contractors who work in the public sector (e.g., schools) and commercial businesses (e.g., laundromats, restaurants, retail stores, offices, etc.). There are also other relationships in place with suppliers, vendors, and fellow industry professionals that serve as a nice complement to the business.

The primary services offered include: Commercial/Residential Full Service Electrical Installation, Repairs, Retrofits, Renovations and Upgrades, Interior/exterior Lighting and Upgrades, Electrical Service Upgrades, Fire Alarm systems, Residential and Commercial Standby Generator installation, Transformers, and Energy Management. The business is known for their commitment to consistent and high-quality workmanship. The business has recently gone through a rigorous process and has been awarded the federal SBA 8(a) certification. The business is also a certified Minority Business Enterprise for the state of Maryland and holds the following certifications, Minority-Owned Business, Self-Certified Small Disadvantaged Business, Economically Disadvantaged Women Owned Small Business, Women-Owned Small Business, Asian-Pacific American Owned, DOT Certified DBE. The business maintains electrical licenses in all relevant counties in the DMV.

The demand for electrical contracting services in the Northern Virginia, Maryland & DC Metro market has been strong, so this is an attractive way to enter the industry without the headaches and time of starting a new business from scratch. The owner has decided it’s time to retire after a long and successful tenure of running the business. They are willing to provide some financing to the next owner and will also assist with training and transitional support so they are set up for success. Don’t miss out on this opportunity and contact us today to learn more!
About the Business
Years in Operation
31
Number of Employees
5
Facilities & Assets
The business operates out of an industrial/commercial multi-purpose condo in a high traffic central area in Laurel, Maryland. The space holds all inventory and materials along with enough floor space to garage park two full-size working vans or trucks. There is room to expand with tall ceilings and ability to easily build out a second-floor office space, as several neighboring condos has already done.
Website
http://www.horizonbrokers.com
Market Outlook / Competition
There is standard competition for the industry and market, but this business has been established for over 30 years with an excellent reputation in the area. The quality of work, attention to detail, and fair pricing has also enabled them to set themselves apart from the many competitors in the market.
Opportunities for Growth
The existing customer base has largely been cultivated through word of mouth and referrals. There are no advertising and marketing efforts in place, so a new owner might wish to make modest investments in those areas to create awareness of the business and its services. There is opportunity to hire additional staff, offer new products/services, and expand into the residential construction industry.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
$3,000.00 per month
About the Sale
Seller Motivation
Owner is retiring.
Transition Support
Seller will provide necessary training and support.
Financing Options
Available depending on the final purchase price, terms and qualifications of the buye
Listing Info
ID
2401381
Listing Views
356

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Dustin Zeher Horizon Business Brokers, LLC

Listing ID: 2401381 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Signarama
$60,000SignaramaFeatured Franchise
Car Rental Business for Sale – $180,000
$180,000Car Rental Business for Sale – $180,000Prince George's County, MD
Growing-Established Cleaning Business for Managers
$295,000Growing-Established Cleaning Business for ManagersPrince George's County, MD
Energy Audit and Weatherization Business
$733,311Energy Audit and Weatherization BusinessPrince George's County, MD
Signarama
$60,000SignaramaFeatured Franchise
Car Rental Business for Sale – $180,000
$180,000Car Rental Business for Sale – $180,000Prince George's County, MD
Growing-Established Cleaning Business for Managers
$295,000Growing-Established Cleaning Business for ManagersPrince George's County, MD
Energy Audit and Weatherization Business
$733,311Energy Audit and Weatherization BusinessPrince George's County, MD
Signarama
$60,000SignaramaFeatured Franchise