Own an Electric Services Business without changing a bulb
Business Description
Established Business; $1 million Sales
This established electrical services company represents a turnkey acquisition opportunity in the growing electrical contracting sector. Operating successfully for six years across multiple counties including Buncombe, Henderson, and Sumner, the business has demonstrated consistent performance with average annual revenues exceeding $1.1 million over the past three years.
The company provides comprehensive electrical services across three market segments: residential, commercial, and industrial. Residential operations encompass electrical work for single-family homes, condominiums, townhomes, and apartments. Commercial and industrial services address the electrical infrastructure needs of business facilities and industrial properties.
Operational Structure:
The business operates with a management-focused model requiring executive oversight rather than technical licensing. Licensed electricians perform all technical work, allowing ownership without electrical certification requirements. This structure enables professional management while maintaining regulatory compliance through qualified staff.
Business Advantages:
• Service-based model with no inventory requirements
• No retail storefront necessary - can operate from home office
• Established customer base with strong market recognition
• Recession-resilient industry with consistent demand
• Limited accounts receivable exposure
• Immediate revenue generation capability
Asset Package:
The acquisition includes six vehicles (four leased, two owned) and additional business assets valued at $32,000. The established infrastructure provides immediate operational capability.
Financial Performance:
With documented revenue history averaging over $1.1 million annually, the business demonstrates strong market position and financial stability. The asking price of $320,000 represents an attractive multiple for an established operation with proven cash flow.
This opportunity suits investors seeking entry into the essential services sector without technical expertise requirements, supported by experienced staff and established market presence.
The company provides comprehensive electrical services across three market segments: residential, commercial, and industrial. Residential operations encompass electrical work for single-family homes, condominiums, townhomes, and apartments. Commercial and industrial services address the electrical infrastructure needs of business facilities and industrial properties.
Operational Structure:
The business operates with a management-focused model requiring executive oversight rather than technical licensing. Licensed electricians perform all technical work, allowing ownership without electrical certification requirements. This structure enables professional management while maintaining regulatory compliance through qualified staff.
Business Advantages:
• Service-based model with no inventory requirements
• No retail storefront necessary - can operate from home office
• Established customer base with strong market recognition
• Recession-resilient industry with consistent demand
• Limited accounts receivable exposure
• Immediate revenue generation capability
Asset Package:
The acquisition includes six vehicles (four leased, two owned) and additional business assets valued at $32,000. The established infrastructure provides immediate operational capability.
Financial Performance:
With documented revenue history averaging over $1.1 million annually, the business demonstrates strong market position and financial stability. The asking price of $320,000 represents an attractive multiple for an established operation with proven cash flow.
This opportunity suits investors seeking entry into the essential services sector without technical expertise requirements, supported by experienced staff and established market presence.
About the Business
- Years in Operation
- 6
- Employees
- 4 (4 Full-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- This business has 6 vans and all necessary equipment required to run and grow this business.
- Market Outlook / Competition
- There are several other businesses providing Electrical services - some established brands and others independently owned. This company distinguishes itself from competitors by delivering on promises with precision and timeliness. Unlike many competitors, the company prides itself on its reliability and the technical proficiency of its installations and services. The business's reputation is built on the foundational principle of "done right promise." This approach has earned this company a competitive edge in a market that values trust and dependability
- Opportunities for Growth
- This business is in a prosperous territory, with thousands of qualified households and commercial establishments that need electrical services. There are multiple avenues for growth available for this business under new ownership. Expanding the digital marketing efforts that include social media advertising and SEO could significantly increase visibility and attract new customers. Developing partnerships with more local contractors could help in finding new customers.
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- The new owners will receive 2 weeks of upfront training from operational and marketing experts. Employee training resources are also provided. Ongoing training opportunities for the owners and employees are provided to set up the new owner for success. The seller is committed to a smooth transition to a new owner.
Listing Info
- ID
- 2414557
- Listing Views
Listing ID: 2414557 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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