Growing Commercial Electrical Contractor
Business Description
Established and steadily growing, this Upstate South Carolina commercial electrical contracting company has built a stellar reputation for reliability, quality workmanship, and integrity. The company provides comprehensive electrical contracting services for commercial clients (~90%) and select residential projects (~10%), with a loyal base of repeat and referral customers - no outside marketing required
The current owner has intentionally maintained operations at a controlled level to suit his preferred lifestyle, focusing on repeat clients and steady profitability rather than aggressive expansion. A new owner could easily scale by pursuing the abundant demand the company regularly turns away.
Approximately half the work is local, and half involves travel projects. The company is fully staffed with a seasoned and motivated team, including two strong project managers, one currently being trained as an estimator to reduce owner dependence.
Highlights
Consistent Growth: Revenue has increased year over year. The modest year-over-year decline in SDE margin reflects the company’s recent decision to offer subsidized employee health insurance - an investment in retention and team stability rather than reduced operating performance.
Strong Profitability: TTM SDE of $1.2MM on $5.14 MM revenue.
Experienced Team: Skilled field staff and project managers who want to take on greater leadership roles.
Turnkey Operations: Systems and processes in place; work comes entirely from repeat clients and referrals.
Owner Support: Seller will provide an extended transition and is flexible to ensure buyer success.
Licensing Advantage: Seller holds unlimited electrical licenses in SC, NC, and TN, with GA pending; willing to let buyer operate under his license for a negotiated fee.
Diversified Customer Mix: About 90% commercial projects, with end users split roughly 60/40 between commercial and residential environments.
Key Customer Relationship: One customer accounts for approximately 50% of annual revenue; however, this relationship encompasses work for numerous well-known commercial end users across varied facilities and projects, providing a stable and diversified workload
Growth Opportunities
The company is in active discussions to secure a potential contract valued between $1MM and $10MM, representing a significant growth opportunity for a buyer positioned to execute.
Hire or promote a full-time estimator to further scale project volume.
Introduce targeted marketing to capitalize on existing reputation and referral pipeline.
Add recurring maintenance contracts and service work for greater revenue stability.
Potential for private equity or regional electrical group looking for a profitable platform in the Carolinas region.
Growth Opportunities
The company is in active discussions to secure a potential contract valued between $1MM and $10MM, representing a significant growth opportunity for a buyer positioned to execute.
Hire or promote a full-time estimator to further scale project volume.
Introduce targeted marketing to capitalize on existing reputation and referral pipeline.
Add recurring maintenance contracts and service work for greater revenue stability.
Potential for private equity or regional electrical group looking for a profitable platform in the Carolinas region.
This opportunity is ideal for:
A regional electrical or mechanical contractor seeking to expand its footprint in the Carolinas.
A private equity group or investor looking for a well-structured, cash-flow-positive platform with strong leadership bench.
An individual buyer with estimating or project management experience who wants a turnkey, profitable business with proven staff and customer base.
Resaon for Sale
After building a highly profitable and scalable business in his mid-30s, the owner is choosing to redirect his focus toward passive real estate investments and time with family. The company’s current growth trajectory exceeds the lifestyle and involvement .
The current owner has intentionally maintained operations at a controlled level to suit his preferred lifestyle, focusing on repeat clients and steady profitability rather than aggressive expansion. A new owner could easily scale by pursuing the abundant demand the company regularly turns away.
Approximately half the work is local, and half involves travel projects. The company is fully staffed with a seasoned and motivated team, including two strong project managers, one currently being trained as an estimator to reduce owner dependence.
Highlights
Consistent Growth: Revenue has increased year over year. The modest year-over-year decline in SDE margin reflects the company’s recent decision to offer subsidized employee health insurance - an investment in retention and team stability rather than reduced operating performance.
Strong Profitability: TTM SDE of $1.2MM on $5.14 MM revenue.
Experienced Team: Skilled field staff and project managers who want to take on greater leadership roles.
Turnkey Operations: Systems and processes in place; work comes entirely from repeat clients and referrals.
Owner Support: Seller will provide an extended transition and is flexible to ensure buyer success.
Licensing Advantage: Seller holds unlimited electrical licenses in SC, NC, and TN, with GA pending; willing to let buyer operate under his license for a negotiated fee.
Diversified Customer Mix: About 90% commercial projects, with end users split roughly 60/40 between commercial and residential environments.
Key Customer Relationship: One customer accounts for approximately 50% of annual revenue; however, this relationship encompasses work for numerous well-known commercial end users across varied facilities and projects, providing a stable and diversified workload
Growth Opportunities
The company is in active discussions to secure a potential contract valued between $1MM and $10MM, representing a significant growth opportunity for a buyer positioned to execute.
Hire or promote a full-time estimator to further scale project volume.
Introduce targeted marketing to capitalize on existing reputation and referral pipeline.
Add recurring maintenance contracts and service work for greater revenue stability.
Potential for private equity or regional electrical group looking for a profitable platform in the Carolinas region.
Growth Opportunities
The company is in active discussions to secure a potential contract valued between $1MM and $10MM, representing a significant growth opportunity for a buyer positioned to execute.
Hire or promote a full-time estimator to further scale project volume.
Introduce targeted marketing to capitalize on existing reputation and referral pipeline.
Add recurring maintenance contracts and service work for greater revenue stability.
Potential for private equity or regional electrical group looking for a profitable platform in the Carolinas region.
This opportunity is ideal for:
A regional electrical or mechanical contractor seeking to expand its footprint in the Carolinas.
A private equity group or investor looking for a well-structured, cash-flow-positive platform with strong leadership bench.
An individual buyer with estimating or project management experience who wants a turnkey, profitable business with proven staff and customer base.
Resaon for Sale
After building a highly profitable and scalable business in his mid-30s, the owner is choosing to redirect his focus toward passive real estate investments and time with family. The company’s current growth trajectory exceeds the lifestyle and involvement .
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Other Interest
Listing Info
- ID
- 2440481
- Listing Views
Listing ID: 2440481 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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