Profitable Electrical Contracting Business for Sale – Virginia

Virginia
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Asking Price:$1,150,000
Gross Revenue:$2,263,396
Cash Flow:$333,531
Established Year:2009
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Virginia
Inventory
Included in asking price
Employees
16
Reason for Selling
Retirement
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Mike
Keen
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Mike Keen