Rare opportunity to acquire a highly reputable, long-standing residential electrical business generating over $560K in annual revenue with a lean, efficient operation and strong cash flow. With nearly 30 years of brand recognition in the Chapel Hill area, this business is a trusted name with consistent demand and minimal marketing spend.

This well-established electrical service company has become one of the most recognized and respected residential electricians in the greater Chapel Hill region. Known for exceptional workmanship, reliability, and customer satisfaction, the business services a loyal base of homeowners, realtors, and repeat clients. Specializing in high-demand services such as EV charger installations, panel upgrades, and generator systems, the company is positioned at the forefront of modern residential electrical needs.

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)

Operational Overview

The business operates with a highly efficient and streamlined model. A small, skilled team of two field technicians handles all service work across a 4-day workweek, while the owner focuses on scheduling, estimates, and customer communication. Operations are highly systematized using QuickBooks, mobile invoicing, digital permitting, and shared scheduling tools—allowing for remote management from anywhere. The company runs from a home base, eliminating rent and keeping overhead extremely low.

Reason fo Sale

The owner is retiring, creating an excellent opportunity for a new operator to step into a profitable, well-organized business with a strong foundation.

Growth Opportunities

- Add additional crews to immediately increase revenue (demand exceeds capacity)

- Launch paid marketing (Google/SEO) to capture unmet local demand

- Develop a training/apprenticeship program to address labor shortages

- Expand into adjacent services (trenching, outdoor lighting, maintenance plans)

Ideal Buyer Profile

This business is ideal for an entrepreneur, investor, or licensed electrician seeking a turnkey operation with strong cash flow and scalability. It also suits a non-technical owner willing to manage operations while leveraging the experienced existing team. With an aging workforce and increasing demand for skilled trades, the long-term outlook for this industry is exceptionally strong.

Seller is open to offering seller financing for a qualified buyer, providing additional flexibility and making this opportunity even more accessible.

For more information on this opportunity, including detailed financials and operations overview, please submit a business inquiry.