Niche Electrical Contractor w/ High Demand / Low Competition
Asking Price: | $1,200,000 |
Gross Revenue: | $1,642,327 |
Cash Flow: | $444,789 |
Established Year: | 2007 |
Established in 2007, this company represents an exceptional opportunity in the electrical contracting sector. With a consistent history of growth and profitability, the business secures over 90% of its revenue from repeat clients. Known for its deep experience, comprised of apprentice, journeyman, and master electricians, and specialized in commercial projects with unique, high-tech equipment. The business prides itself on quality craftsmanship, timely completion of projects, and a strong competitive position within the industry. With a solid foundation, an impressive client list, and significant growth potential, the company is poised for further expansion under new ownership. The current owners are committed to ensuring a smooth transition to support the continued success of the business by staying on-board up to a full year.
Industry Overview: The electrical contracting industry is integral to the construction sector, providing essential services for commercial, residential, and industrial projects. Despite economic fluctuations, the industry shows resilience with steady demand driven by construction growth, renovation projects, and increasing technological and green energy solutions. According to industry analysis by IBISWorld, the electrical contractor sector is expecting to see continued growth as innovations and building standards evolve.