Profitable Electrical Contractor in Washington State
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Transferable licenses and fast access to major project work
Project Cascade is a licensed, non-union electrical contractor headquartered in the Tri-Cities region. Founded in 2009, the Company services municipal, education, healthcare and institutional clients. It offers transferable licenses, a certified workforce and stable operations - ideal for a buyer looking for fast access to major projects with upside opportunities in data centers and EV/solar work.
The Company has completed large projects for schools, manufacturing facilities, municipal buildings and transportation hubs. Current services include full-scope electrical construction (pre-construction to closeout), service/maintenance, retrofits and low-voltage installations. The owners wish to transition out of day-to-day operations. There is an expert, non-union workforce willing to stay on and reputation for disciplined project management and on-time delivery to leverage. The Company operates out of a modern, 5k sq ft facility.
Highlights
- Strong recent financials. $5.4m TTM Revenue, $1m+ in Adj EBITDA.
- Excellent team ready to step into leadership/relationship roles
- Long-tenure relationships with GCs to anchor off; new bids and active relationships increasing in 2025
- Significant K-12 and higher ed penetration with a deep addressable market and massive demand
- Eligible for all WA state and federal projects; transferrable licenses in place
Customer Profile
- Mix of prominent regional and state general contractors; several active, new relationships
- Geographic concentration in Tri-Cities region
- End clients are typically public sector and institutional with select private sector work
Growth Potential
- Scalable revenue opportunities in high-margin, markets of the future -- data centers, EV charging
- Significant funded infrastructure opportunities in the region plus opportunity in adjacent regions
- Expand dedicated service/maintenance opportunities
Strategic Fit
- Public works platform or add-on
- Electrical contractor looking to acquire a business in a growing region
- Regional expansion into areas with major hot-button opportunities
- Strategic acquirers in GC, education constructions, facilities management or energy infrastructure
In conclusion, Project Cascade is a profitable electrical contractor with a proven track record, strong relationships and ambitious team with meaningful upside in some of the most important sectors of the 21st century economy.
The Company has completed large projects for schools, manufacturing facilities, municipal buildings and transportation hubs. Current services include full-scope electrical construction (pre-construction to closeout), service/maintenance, retrofits and low-voltage installations. The owners wish to transition out of day-to-day operations. There is an expert, non-union workforce willing to stay on and reputation for disciplined project management and on-time delivery to leverage. The Company operates out of a modern, 5k sq ft facility.
Highlights
- Strong recent financials. $5.4m TTM Revenue, $1m+ in Adj EBITDA.
- Excellent team ready to step into leadership/relationship roles
- Long-tenure relationships with GCs to anchor off; new bids and active relationships increasing in 2025
- Significant K-12 and higher ed penetration with a deep addressable market and massive demand
- Eligible for all WA state and federal projects; transferrable licenses in place
Customer Profile
- Mix of prominent regional and state general contractors; several active, new relationships
- Geographic concentration in Tri-Cities region
- End clients are typically public sector and institutional with select private sector work
Growth Potential
- Scalable revenue opportunities in high-margin, markets of the future -- data centers, EV charging
- Significant funded infrastructure opportunities in the region plus opportunity in adjacent regions
- Expand dedicated service/maintenance opportunities
Strategic Fit
- Public works platform or add-on
- Electrical contractor looking to acquire a business in a growing region
- Regional expansion into areas with major hot-button opportunities
- Strategic acquirers in GC, education constructions, facilities management or energy infrastructure
In conclusion, Project Cascade is a profitable electrical contractor with a proven track record, strong relationships and ambitious team with meaningful upside in some of the most important sectors of the 21st century economy.
Detailed Information
- Years in Operation
- 16
- Facilities & Assets
- The Company operates from a leased, air-conditioned 5,000 square-foot facility. The property includes the office and warehouse space expected of a high-quality electrical contractor. The building is well-maintained and positioned near major highways and clients. Owners assume all assets of the business, other than cash on hand, will be transferred in the sale.
About the Sale
- Transition Support
- The owners are committed to a smooth transition. They are willing to stay for an extended transition period, then move into a part-time capacity. There will be structured and multiple introductions to all key clients and vendors. The staff is willing to stay on, with several key people ready to assume leadership roles.
- Seller Motivation
- Transition to an owner who can take it to the next level
Listing Info
- ID
- 2439651
- Listing Views
- 87
Listing ID: 2439651 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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