West Michigan Commercial Electrical Contractor for Sale
| Gross Revenue: | $2,931,349 |
| EBITDA: | $471,282 |
| Real Estate: | $400,000 |
| Inventory: | $25,000 |
| FF&E: | $125,000 |
| Established Year: | 2004 |
Electrical Contractor- Michigan Based (Profitable)
Business Overview
EGM is a well-established full-service electrical contracting business that has served both commercial and residential markets since 2004. Known for its dedicated workforce and outstanding service, this company offers 24/7 support and delivers precise estimates, gaining a solid reputation for efficiency and reliability.
Operating primarily in southwest Michigan and northern Indiana, the business boasts a loyal customer base of over 250 past and present clients. More than half of its revenue is generated from returning customers, while the remaining portion comes from an expansive network of larger clients. The company’s commitment to excellence ensures high repeat business and referrals.
Financial Summary
• 2024 YTD Revenue (August): $2,651,767
• 2023 Revenue: $2,931,349
• 2023 Seller's Discretionary Earnings (SDE): $471,282
• Furniture, Fixtures & Equipment (FFE): $125,000
• Real Estate: 7,448 sq. ft.
• Employees: 15 full-time, plus owners
Growth Opportunities
• Expand residential market share
• Hire additional labor to meet increasing demand
• Broaden geographic service area
• Pursue larger, high-revenue projects
Investment Highlights
• Experienced Team: The company has a strong and dedicated workforce in place.
• Prime Real Estate: The facility is in excellent condition, offering ample space for operations.
• Comprehensive Service Offering: The business provides a wide array of electrical services, including:
o Lighting Control Panels
o Electrical Inspections & Repair
o Electrical Heating & Retrofitting
o Rewiring & Surge Protection
o Security & Landscape Lighting
o Structured Cabling & Home Automation
o Hot Tub, Sauna, and In-Floor Heating Electricals
o New Construction and Emergency Electrical Services
o Standby Generators
o And many more specialized services…
Support & Training
The owner is committed to ensuring a smooth transition and is willing to provide support and training for an agreed-upon period.
Reason for Selling
The current owner is seeking to retire.
This is an excellent opportunity to acquire a highly reputable electrical contracting business with a strong foundation and significant growth potential.
