Established Northern Utah Electrical Contractor — $500K+ Revenue
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Established Northern Utah Electrical Contractor with Fleet and Seller Support
RISElectric is an established electrical contracting company serving residential and commercial customers throughout Northern Utah and the Wasatch Front. This turnkey acquisition offers a buyer an operating business with an established name, customer history, vendor relationships, vehicles, tools, inventory, systems, and local market presence already in place.
The company generated approximately $507,000 in revenue during 2025, with approximately $195,000 in seller’s discretionary earnings as calculated by a third-party business broker. The same independent recast calculated approximately $236,000 in SDE for 2024, demonstrating a strong history of owner benefit.
2026 results are lower following the loss of a significant customer relationship and a corresponding workforce reduction. The company has since been streamlined into a leaner operation with reduced payroll overhead, giving a new owner the opportunity to rebuild revenue from a more efficient cost structure.
The sale is expected to include three company vehicles delivered free and clear of liens:
2016 Ford Transit commercial van
2019 Nissan NV200 commercial van
2018 Chevrolet Silverado 1500
The transaction is also expected to include electrical tools and equipment, material inventory, vehicle shelving and storage, business phone numbers, website and digital presence, branding, customer and vendor information, estimating and operating records, goodwill, and other transferable assets used in daily operations.
RISElectric offers several growth opportunities, including residential service and remodel work, panel upgrades, commercial maintenance, tenant improvements, property-management relationships, general-contractor partnerships, EV-charger installations, generators, recurring service agreements, and expanded digital marketing.
The owner is selling to focus on a growing technology company but is available to remain with RISElectric in an employee, estimating, transition, and qualifier role. The seller is willing to provide operational training, customer and vendor introductions, estimating support, and up to one year of E200 and B100 qualifier support under a separate mutually acceptable agreement. This offers continuity and reduces transition risk for the purchaser.
This opportunity may be well suited for an experienced electrician pursuing ownership, an established contractor expanding into Northern Utah, a general contractor adding an electrical division, or a strategic purchaser seeking an operating platform rather than starting from scratch.
The seller intends to pay off company debt and vehicle loans in connection with closing. Detailed financial statements, payroll reports, asset schedules, vehicle information, and supporting business records will be provided to qualified buyers after execution of a confidentiality agreement.
Asking Price: $475,000
Serious inquiries only. Proof of funds or financing capacity may be required before confidential information is released.
RISElectric is an established electrical contracting company serving residential and commercial customers throughout Northern Utah and the Wasatch Front. This turnkey acquisition offers a buyer an operating business with an established name, customer history, vendor relationships, vehicles, tools, inventory, systems, and local market presence already in place.
The company generated approximately $507,000 in revenue during 2025, with approximately $195,000 in seller’s discretionary earnings as calculated by a third-party business broker. The same independent recast calculated approximately $236,000 in SDE for 2024, demonstrating a strong history of owner benefit.
2026 results are lower following the loss of a significant customer relationship and a corresponding workforce reduction. The company has since been streamlined into a leaner operation with reduced payroll overhead, giving a new owner the opportunity to rebuild revenue from a more efficient cost structure.
The sale is expected to include three company vehicles delivered free and clear of liens:
2016 Ford Transit commercial van
2019 Nissan NV200 commercial van
2018 Chevrolet Silverado 1500
The transaction is also expected to include electrical tools and equipment, material inventory, vehicle shelving and storage, business phone numbers, website and digital presence, branding, customer and vendor information, estimating and operating records, goodwill, and other transferable assets used in daily operations.
RISElectric offers several growth opportunities, including residential service and remodel work, panel upgrades, commercial maintenance, tenant improvements, property-management relationships, general-contractor partnerships, EV-charger installations, generators, recurring service agreements, and expanded digital marketing.
The owner is selling to focus on a growing technology company but is available to remain with RISElectric in an employee, estimating, transition, and qualifier role. The seller is willing to provide operational training, customer and vendor introductions, estimating support, and up to one year of E200 and B100 qualifier support under a separate mutually acceptable agreement. This offers continuity and reduces transition risk for the purchaser.
This opportunity may be well suited for an experienced electrician pursuing ownership, an established contractor expanding into Northern Utah, a general contractor adding an electrical division, or a strategic purchaser seeking an operating platform rather than starting from scratch.
The seller intends to pay off company debt and vehicle loans in connection with closing. Detailed financial statements, payroll reports, asset schedules, vehicle information, and supporting business records will be provided to qualified buyers after execution of a confidentiality agreement.
Asking Price: $475,000
Serious inquiries only. Proof of funds or financing capacity may be required before confidential information is released.
About the Business
- Years in Operation
- 4
- Employees
- 1 Full-time
- Currently Home Based
- Yes
- Facilities & Assets
- Assets included in the sale include three company vehicles delivered free and clear of liens: a 2016 Ford Transit commercial van, 2019 Nissan NV200 commercial van, and 2018 Chevrolet Silverado 1500. The sale also includes approximately $5,000 in used electrical tools and equipment, approximately $3,000 in electrical materials and inventory, vehicle shelving and storage systems, business phone numbers, website and domain, branding, customer and vendor relationships
- Website
- https://riselectric.com/
- Market Outlook / Competition
- RISElectric operates in a competitive Northern Utah market, but stands apart through its established name, proven $500K+ revenue history, customer relationships, equipped fleet, and ability to perform both residential and commercial work. Utah construction remains active, while qualified electrical labor continues to be difficult to recruit—making an established operation more valuable than starting from scratch.
2026 performance was affected by the loss of ES Solar work and a deliberate workforce reduction, creating a leaner company with lower payroll overhead. With seller transition assistance and up to one year of E200/B100 qualifier support, a buyer can acquire an operating platform positioned to rebuild revenue through service work, remodels, commercial projects, and stronger marketing. - Opportunities for Growth
- Growth opportunities include rebuilding contractor and solar relationships, expanding residential service and remodel work, pursuing commercial maintenance and tenant-improvement projects, and increasing recurring work with property managers, builders, and general contractors.
A buyer could also grow revenue through EV chargers, generators, panel upgrades, service agreements, stronger digital marketing, faster estimate follow-up, and adding technicians as demand returns. Because the fleet, tools, brand, customer history, and licensing transition are already in place, growth can come faster than starting a new electrical company from scratch.
About the Sale
- Seller Motivation
- Owner is focusing on a tech venture but will remain as an employee and qualifier
- Transition Support
- Seller will provide a structured transition period, including introductions to key customers, vendors, employees, and industry contacts; training on estimating, pricing, scheduling, purchasing, payroll, software, and daily operations; and transfer of business records, phone numbers, website, branding, customer history, and operating procedures.
Seller is also willing to remain for up to one year as the qualifying individual for the company’s Utah E200 and B100 licenses under a separate written agreement covering compensation, duties, insurance, authority, compliance, and liability protections. - Financing Options
- None
Listing Info
- ID
- 2526012
- Listing Views
Business Location
Listing ID: 2526012 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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