Rare opportunity to acquire a highly respected, profitable residential electrical business with deep roots, award-winning reputation, and efficient, tech-enabled operations. This business consistently generates strong revenue with a lean team, minimal marketing spend, and a schedule that stays booked weeks in advance—proof of true demand in a supply-constrained trade.

Business Overview

Established in 2012 (with nearly 30 years of local market reputation behind the brand), this independent residential electrical contractor serves homeowners, retirees, realtors, and property investors throughout the greater Chapel Hill / Triangle area. The company is widely regarded as one of the top electrical service providers in the region, known for impeccable workmanship, reliability, and exceptional customer satisfaction. Services focus exclusively on residential work, avoiding commercial complexity while maintaining premium pricing power.

The business operates from a home-based office and yard, keeping overhead extremely low while remaining highly visible through branded service vehicles. Operations are streamlined, modern, and built to run efficiently—even when the owner is traveling.

Key Financial Highlights

- Annual Revenue: $444K

- SDE/Cash Flow: $265K (47.1% margin)

- Gross Profit Margin: ~79%

- Marketing Spend: $0 (nearly all business from reputation & referrals)

Operations & Staffing

The company runs on a proven, simplified model with a highly capable team:

- One experienced Lead Electrician (8+ years with the company, well-known to customers)

- One seasoned Journeyman Electrician

- Owner focuses on scheduling, estimates, and light management (active to semi-absentee)

The business operates on a 4-day work week, a major retention advantage in today’s labor market. All scheduling, invoicing, payroll, permitting, payments, and bookkeeping are handled through cloud-based systems (QuickBooks, mobile apps, municipal portals), allowing for remote management from anywhere.

Reason for Sale

The owner is seeking retirement after a long, successful career and is ready to transition the business to a capable new owner.

Growth Opportunities

- Increase capacity by adding an additional crew (demand already exceeds supply)

- Expand high-margin services such as EV charger installations and standby generators

- Introduce electrician-adjacent services (outdoor lighting, trenching, maintenance programs)

- Formalize training/apprenticeship programs to create in-house labor pipeline

Ideal Buyer Profile

This opportunity is ideal for an electrician looking to step into ownership, an owner-operator seeking immediate cash flow, or an organized entrepreneur/investor who values essential services, recession-resistant demand, and a business that is already systemized and profitable.

For more information, including detailed financials and a confidential overview of operations, please submit a business inquiry.