27 Year old electrical business
Business Description
This established electrical contracting business has been serving the residential market for 27 years since its founding in 1999. Operating from a home-based location, the company has built strong relationships with builders and homeowners while generating $1,000,000 in annual revenue and $160,000 in seller's discretionary earnings.
The business has achieved remarkable consistency with five consecutive years of growth and an expanding builder base, demonstrating its competitive position in the market. A significant competitive advantage comes from its specialization in generator services and installations and is currently doing over 100 yearly services on generators.
Operations run Monday through Friday, offering excellent work-life balance while maintaining professional service standards. The company's success is built on a foundation of competent, well-trained, and reliable staff who have established a reputation for trusted and professional service delivery throughout the community.
The $425,000 asking price includes $50,000 in vehicles, tools and equipment plus $20,000 in inventory, providing the new owner with all necessary operational assets. This pricing reflects the business's proven track record of consistent profitability over more than two decades.
Growth opportunities are substantial, with the current owner noting unlimited potential through strategic staffing increases and enhanced management systems. The established customer base, proven service delivery model, expanding builder relationships, and specialized generator expertise create multiple pathways for business expansion.
The retiring owner will provide comprehensive transition support for up to six months, including hands-on assistance with all operational aspects until the new owner becomes fully comfortable managing the enterprise.
This acquisition opportunity offers an established, profitable electrical contracting business with specialized capabilities, experienced staff, and strong growth foundations already in place.
The business has achieved remarkable consistency with five consecutive years of growth and an expanding builder base, demonstrating its competitive position in the market. A significant competitive advantage comes from its specialization in generator services and installations and is currently doing over 100 yearly services on generators.
Operations run Monday through Friday, offering excellent work-life balance while maintaining professional service standards. The company's success is built on a foundation of competent, well-trained, and reliable staff who have established a reputation for trusted and professional service delivery throughout the community.
The $425,000 asking price includes $50,000 in vehicles, tools and equipment plus $20,000 in inventory, providing the new owner with all necessary operational assets. This pricing reflects the business's proven track record of consistent profitability over more than two decades.
Growth opportunities are substantial, with the current owner noting unlimited potential through strategic staffing increases and enhanced management systems. The established customer base, proven service delivery model, expanding builder relationships, and specialized generator expertise create multiple pathways for business expansion.
The retiring owner will provide comprehensive transition support for up to six months, including hands-on assistance with all operational aspects until the new owner becomes fully comfortable managing the enterprise.
This acquisition opportunity offers an established, profitable electrical contracting business with specialized capabilities, experienced staff, and strong growth foundations already in place.
About the Business
- Years in Operation
- 27
- Employees
- 7 Full-time
- Currently Home Based
- Yes
- Facilities & Assets
- Includes 3 work vans, 1 pickup truck, $20,000+ inventory, various company owned tools.
- Market Outlook / Competition
- We are currently experiencing our 5th consecutive year of growth and have recently increased our builder base.
- Opportunities for Growth
- With increased staffing and proper management the growth potential is unlimited.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will assist new owner with the continuing operation of the business for 6 months unless new owner becomes comfortable before that time period.
Listing Info
- ID
- 2455417
- Listing Views
Listing ID: 2455417 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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