Hot Listing
Established, Profitable, Scaleable Electrical Company for Sale!
Business Description
Profitable, Scaleable Electric Company
Founded in 1981, this highly reputable electrical contractor company installs, maintains, and repairs electrical systems for the commercial and residential sectors. This company is 78% commercial and 22% residential and is known in their community. The owner strives to be the trusted, family owned leader in delivering safe, high quality electrical solutions while building lasting community relationships. This company has 9 FT W2 employees with an average tenure of over 6 years. Owner responsibilities include: Business development, estimating, minor accounting, and customer relations.
About the Business
- Years in Operation
- 44
- Facilities & Assets
- The facility has offices, break room, and warehouse space with an outdoor covered storage/loading area.
- Market Outlook / Competition
- This company was built on integrity and has a strong reputation. It has been in business for over 40 years and is established in the community and with vendors so the brand strength is a major advantage. The location of the company is also convenient to its service areas. Sales have grown, margins are high, solid customer database, excellent growth potential not explored by current owner. The electrical industry is growing and will always be needed.
- Opportunities for Growth
- This company was built on integrity and has a strong reputation. It has been in business for over 40 years and is established in the community and with vendors. The location of the company is beneficial to its service areas.
Growth potential is an 8 on a 1-10 scale (10 being best). The advertising budget is minimal and new technologies such as EV and solar have tremendous potential. There is also tremendous growth in potential in service and construction. The company could better utilize social media and add a dedicated outside sales rep to build more re
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,696
- Rent
- $2,000.00 per month
- Lease Expiration
- 10/1/2025
About the Sale
- Seller Motivation
- Focus on another business venture.
- Transition Support
- Owner is willing to stay for up to 12 months for the right new owner. This is a family business and the legacy and employees are important to the owner so he wants to make sure the right owner takes it over and that they are set up for success.
- Financing Options
- Up to 10% seller financing available for qualified buyers.
Listing Info
- ID
- 2408656
- Listing Views
- 359
Listing ID: 2408656 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.
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