Profitable Electrical Contracting Business for Sale – Established for 15 Years ~ Virginia

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  • Primary Category: Electrical & Mechanical Businesses for Sale

Established Commercial Electrical Contractor – $700K+ Backlog, Priced to Move

This is a rare opportunity to acquire a well-established, highly reputable commercial electrical contracting business in Virginia with over $700,000 in active backlog, a skilled workforce, and strong infrastructure in place.

Founded in 2009, the company specializes in commercial, industrial, higher education, and municipal projects. It holds a Class A Electrical License, positioning it well for both private and public sector growth. Known for quality workmanship and safety, the business maintains long-term relationships with general contractors and clients, supported by a loyal and experienced team of 16 employees.

The current owner is retiring and has scaled back day-to-day involvement, leading to a dip in 2024 financials. In response, the asking price has been significantly reduced, creating a high-value opportunity for the right buyer. With backlog in place and a solid foundation, the business is poised for a strong rebound under new ownership.

Key Highlights
• $700K+ in Active Backlog
• Class A Electrical License
• 8 Company Vehicles Included
• No Brick-and-Mortar Overhead
• 2,000 sq. ft. Leased Warehouse for Inventory
• Long-Tenured, Skilled Workforce
• Policies, Systems, and Safety Programs in Place

Ideal Buyer
• A licensed electrician ready to take ownership of an established, reputable operation
• An electrical or general contractor seeking to expand regionally through acquisition
• A strategic buyer or investor group looking for a bolt-on with contracts and team in place

Growth Opportunities
• Expand into residential services to diversify revenue
• Hire a dedicated estimator or business development lead to drive volume
• Tap into existing backlog for immediate revenue growth

Operational Structure
• No storefront – business operates lean with minimal overhead
• 2,000 sq. ft. warehouse leased for storage and staging
• Full staff of 16, including licensed electricians and office support
• Owner willing to assist with a transition to ensure smooth handover

Established: 2009
Employees: 16
Vehicles Included: 8
Inventory: Included in asking price
Reason for Sale: Retirement

Financial Information

  • $650,000 Asking Price
  • $199,974 Cash Flow
  • $1,860,300 Gross Revenue
  • N/A Down Payment

Business Location

  • City: Southwest Virginia
  • State: Virginia

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2009
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 16
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 35
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: N/A
  • Monthly Rent: N/A
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: N/A

Training/Support

  • Seller will stay on for an agreed upon time for a smooth transition.
Business Listed by
image of Mike Keen
Mike Keen
Sunbelt of Roanoke & Lynchburg
Email Mike
Show Phone Number
Listing ID
ROANOVA001-55650

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