Profitable Electrical Contracting Business for Sale – Virginia
Business Description
This is a rare opportunity to acquire a well-established, highly reputable commercial electrical contracting business in Virginia with over $700,000 in active backlog, a skilled workforce, and strong infrastructure in place.
Founded in 2009, the company specializes in commercial, industrial, higher education, and municipal projects. It holds a Class A Electrical License, positioning it well for both private and public sector growth. Known for quality workmanship and safety, the business maintains long-term relationships with general contractors and clients, supported by a loyal and experienced team of 16 employees.
The current owner is retiring and has scaled back day-to-day involvement, leading to a dip in 2024 financials. In response, the asking price has been significantly reduced, creating a high-value opportunity for the right buyer. With backlog in place and a solid foundation, the business is poised for a strong rebound under new ownership.
Key Highlights
• $700K+ in Active Backlog
• Class A Electrical License
• 8 Company Vehicles Included
• No Brick-and-Mortar Overhead
• 2,000 sq. ft. Leased Warehouse for Inventory
• Long-Tenured, Skilled Workforce
• Policies, Systems, and Safety Programs in Place
Ideal Buyer
• A licensed electrician ready to take ownership of an established, reputable operation
• An electrical or general contractor seeking to expand regionally through acquisition
• A strategic buyer or investor group looking for a bolt-on with contracts and team in place
Growth Opportunities
• Expand into residential services to diversify revenue
• Hire a dedicated estimator or business development lead to drive volume
• Tap into existing backlog for immediate revenue growth
Operational Structure
• No storefront – business operates lean with minimal overhead
• 2,000 sq. ft. warehouse leased for storage and staging
• Full staff of 16, including licensed electricians and office support
• Owner willing to assist with a transition to ensure smooth handover
Established: 2009
Employees: 16
Vehicles Included: 8
Inventory: Included in asking price
Reason for Sale: Retirement
Founded in 2009, the company specializes in commercial, industrial, higher education, and municipal projects. It holds a Class A Electrical License, positioning it well for both private and public sector growth. Known for quality workmanship and safety, the business maintains long-term relationships with general contractors and clients, supported by a loyal and experienced team of 16 employees.
The current owner is retiring and has scaled back day-to-day involvement, leading to a dip in 2024 financials. In response, the asking price has been significantly reduced, creating a high-value opportunity for the right buyer. With backlog in place and a solid foundation, the business is poised for a strong rebound under new ownership.
Key Highlights
• $700K+ in Active Backlog
• Class A Electrical License
• 8 Company Vehicles Included
• No Brick-and-Mortar Overhead
• 2,000 sq. ft. Leased Warehouse for Inventory
• Long-Tenured, Skilled Workforce
• Policies, Systems, and Safety Programs in Place
Ideal Buyer
• A licensed electrician ready to take ownership of an established, reputable operation
• An electrical or general contractor seeking to expand regionally through acquisition
• A strategic buyer or investor group looking for a bolt-on with contracts and team in place
Growth Opportunities
• Expand into residential services to diversify revenue
• Hire a dedicated estimator or business development lead to drive volume
• Tap into existing backlog for immediate revenue growth
Operational Structure
• No storefront – business operates lean with minimal overhead
• 2,000 sq. ft. warehouse leased for storage and staging
• Full staff of 16, including licensed electricians and office support
• Owner willing to assist with a transition to ensure smooth handover
Established: 2009
Employees: 16
Vehicles Included: 8
Inventory: Included in asking price
Reason for Sale: Retirement
About the Business
- Years in Operation
- 16
- Employees
- 16
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2274286
- Listing Views
- 2707
Listing ID: 2274286 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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