Hot Listing
Established Electrical Contracting Business in Coastal North Carolina
Business Description
Electrical Contracting Business with Projected Sales @ 2.4M
This well established electrical contracting business has been a trusted name in electrical contracting since 2004 with projected sales for 2025 @ 2.4M with an SDE @ $475K. With the continued growth of eastern North Carolina the business has unlimited potential. The business has over 20 years of experience and the company has built a strong reputation for quality, reliability, and safety across eastern North Carolina.
They offer a full range of commercial, residential, and service work, with approximately 85% of revenue derived from commercial projects. They provide service to the coastal communities of eastern North Carolina from Southport to the New Bern area of the state. This is an excellent opportunity for an individual wanting to purchase a successful electrical contracting business or a larger firm wanting to expand to the area.
They offer a full range of commercial, residential, and service work, with approximately 85% of revenue derived from commercial projects. They provide service to the coastal communities of eastern North Carolina from Southport to the New Bern area of the state. This is an excellent opportunity for an individual wanting to purchase a successful electrical contracting business or a larger firm wanting to expand to the area.
About the Business
- Years in Operation
- 21
- Facilities & Assets
- The 2,400 Sq. ft. combination of office space (administration, estimating, and customer service) and warehouse space (storage for equipment, materials, and tools).
On-site parking: Accommodates employee vehicles, service trucks, and storage trailers.
Easy access to major highways for efficient deployment to both residential neighborhoods and commercial project sites.
The facility is well-suited for the current size and scale of operations, with sufficient capacity for additional staff, service vehicles, or inventory should a new owner wish to expand. - Market Outlook / Competition
- There is minimal advertising due to the consistent demand for their services. There are other electrical contractors in the area but this business continues to grow at a rate of 20% annually with the continued growth of the coastal area of North Carolina.
- Opportunities for Growth
- The business is positioned for unlimited growth and expansion with the facility to accommodate it.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $1,200.00 per month
- Lease Expiration
- 12/31/2025
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller is willing to work with a new owner for an extended period of time to ensure a smooth transition.
- Financing Options
- The excellent books and records.
Listing Info
- ID
- 2412069
- Listing Views
- 116
Listing ID: 2412069 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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