Profitable Electrical Contracting Business for Sale – Virginia
Asking Price: | $1,150,000 |
Gross Revenue: | $2,263,396 |
Cash Flow: | $333,531 |
Established Year: | 2009 |
This is an excellent opportunity for an investor or a strategic buyer looking to acquire a successful business with a strong foundation, an excellent reputation and room for growth. The owner is retiring but willing to stay on for a transition period to ensure a smooth handover. This highly reputable electrical contracting business specializes in commercial, industrial, higher education and municipal projects. Established in 2009, this Virginia-based company has built a solid reputation for delivering quality work, evidenced by long-term relationships with general contractors and a loyal client base. The business boasts experienced, long-term employees with low turnover and has policies, systems, and safety manuals in place, ensuring smooth operations.
With SWaM Certification and a Class A Electrical License, this business is well-positioned for continued growth. This business presents a unique opportunity for a new owner to step into a profitable, well-established business with over $700K in backlogged work and excellent potential for expansion into residential services.
Key Highlights:
Established: 2009
No brick-and-mortar overhead
Experienced, long-term workforce
SWaM Certified and Class A Electrical License
$700K+ in backlogged work
2,000 sq. ft. leased warehouse for inventory
8 Company Vehicles convey with the sale of the business