Commercial Electrical Contracting Firm
Business Description
This North Carolina based business is a reputable and well-established commercial electrical services firm. With a proud history of over three decades, they have earned a stellar reputation for providing top-notch electrical solutions to commercial clients.
Their team of highly skilled and licensed electricians is committed to delivering exceptional workmanship, ensuring safety, efficiency, and reliability in every project they undertake. Whether it's electrical repairs, installations, or maintenance, the business excels in delivering personalized and cost-effective solutions tailored to meet the unique needs of its clients.
The company maintains gross profit margins, SDE and adjusted EBITDA profit margins higher than the industry average. The business currently has over $3,000,000 in contractual backlog and an additional $4,500,000+ of outstanding quotes/RFP’s. 2024 gross revenue is expected to approach $7,000,000.
As a trusted local company, they are dedicated to maintaining the highest customer service standards and have become a go-to choice for anyone seeking quality commercial electrical services in the central Southeast area.
Their team of highly skilled and licensed electricians is committed to delivering exceptional workmanship, ensuring safety, efficiency, and reliability in every project they undertake. Whether it's electrical repairs, installations, or maintenance, the business excels in delivering personalized and cost-effective solutions tailored to meet the unique needs of its clients.
The company maintains gross profit margins, SDE and adjusted EBITDA profit margins higher than the industry average. The business currently has over $3,000,000 in contractual backlog and an additional $4,500,000+ of outstanding quotes/RFP’s. 2024 gross revenue is expected to approach $7,000,000.
As a trusted local company, they are dedicated to maintaining the highest customer service standards and have become a go-to choice for anyone seeking quality commercial electrical services in the central Southeast area.
About the Business
- Years in Operation
- 33
- Number of Employees
- 22
- Facilities & Assets
- The business operates from a commercial business park with easy access to the major thoroughfare available for lease or purchase.
- Opportunities for Growth
- The company has a steady flow of projects and maintains a backlog equivalent to approximately 6 months of work.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,000
About the Sale
- Seller Motivation
- True Retirement
- Transition Support
- Sellers will provide a total of 240 hours of transition support included in the purchase price.
- Financing Options
- Seller will consider up to 10% seller financing dependent upon overall terms and cond
Listing Info
- ID
- 2136226
- Listing Views
- 4414
Listing ID: 2136226 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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