Price:
$
650,000
Profitable Electrical Contracting Business for Sale – Established for 15 Years ~ Virginia
Profitable Electrical Contracting Business for Sale – Established for 15 Years ~ Virginia
SouthWest Virginia
$
650,000
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
Map
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Listing Details
Profitable Electrical Contracting Business for Sale – Established for 15 Years ~ Virginia
Location:
SouthWest Virginia
Down Payment: $ 65000
Year Established:
2009
Reason for Selling:
Retirement
Gross Revenue:
$
1860300
Cash Flow:
$
199974
Home Based:
No
Franchise:
No
Relocatable:
No
SBA Prequalified:
No
Lender Prequalified:
No
Full-Time Employees:
16
Owner Worked Hours/w:
35
Inventory Included:
Yes
Real Estate Available:
No
Real Estate Included:
No
FF&E Included?:
Yes
Disclaimer: The numbers are current estimates and are subject to change.
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
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