North Dakota Commercial Electrical Contractor
Building & Construction Businesses for Sale
- Primary Category: Electrical & Mechanical Businesses for Sale
This electrical company was originally established in the early 1980s, starting as a small, locally owned shop. Over the years, it grew under the guidance of an experienced industry professional who began as an apprentice, eventually taking on roles such as bidding, estimating, design builds, and project management.
In the early 2010s, the business was acquired by its current owner, who expanded it significantly, transforming it into a reputable organization known for quality and reliability. The company serves a strong market within a 100-mile radius of its headquarters, focusing primarily on commercial work while also offering residential services, new builds, home inspections, and emergency electrical solutions. Customers benefit from complimentary estimates, same-day services, and free electrical design offerings.
This family-operated, non-union business employs a skilled team of journeymen, apprentices, and office staff. Many employees have long tenures, with some serving for over two decades. The company prioritizes fostering a strong work culture centered on employee care, teamwork, and professionalism, ensuring a high level of expertise and satisfaction among staff and clients.
The business has built a solid reputation for delivering dependable and timely services. Its success is attributed to the expertise and dedication of its employees, which has led to lasting relationships with large contractors and repeat clients.
Financial Information
- $1,650,000 Asking Price
- N/A Cash Flow
- $4,716,188 Gross Revenue
- N/A Down Payment
Business Location
- City: Confidential
- State: Confidential
Reason for Sale
- Owner is looking to retire.
Detailed information
- Year Established: 1983
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 17
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: 55
- Adjusted EBITDA: $284,229
- Inventory Included: Yes
- Inventory Value: N/A
- Monthly Rent: $8,000
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $1,500,000
- Building Size: 9900
- FF&E Included?: Yes
- FF&E Value: $475,000
Training/Support
- Owner would be willing to stay on for 6-12 months to provide the operationally required Master License ($120,000).
Market Outlook/Competition
- The company operates in a highly competitive market alongside several established players, each offering a range of electrical services. While competition is strong, the company differentiates itself through its focus on quality workmanship, personalized customer service, and a solid reputation for reliability.
Real Estate Description
- Lot Size: 23,186 sq/ft Building Size: 9,900 sq/ft (newly renovated) Office: 4,500 Sq/ft 3-4 Offices: including front desk area Shop: 5,400 Sq/ft Heated shop and Warehouse
Business Listed by
Michael Weisbeck
Sunbelt of North DakotaContact Business Broker
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