Profitable Electrical Contracting Business for Sale – Established for 15 Years ~ Virginia
- Primary Category: Electrical & Mechanical Businesses for Sale
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
Financial Information
- $1,150,000 Asking Price
- $333,531 Cash Flow
- $2,263,396 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
Mike Keen
Sunbelt of Roanoke & LynchburgContact Business Broker
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