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- RE: Electrical Contractor (Residential & Commercial)
- Contact: Oliver Kotelnikov
Quick Facts
Asking Price: | $575,000 | |
Annual Revenue: | $2,150,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $370,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 945852 | |
Broker Reference #: | ES2024 |
Business Overview:
This business is a reputable multi-decade electrical contractor serving King, Snohomish, and Skagit Counties. The company provides traditional electrical services including design & build, new construction, rewiring, panel upgrades, lighting, and remodeling. The business caters to a reliable community-based clientele and trades on repeat business. The company serves residential, commercial, and light industrial sectors. Typical B2B projects include schools, medical facilities, auto dealerships, fire stations, banks and subcontracted work with builders and developers. The company is the preferred regional provider for reliable auxiliary power and alternative energy solutions. Sales, service, installation, and maintenance of backup generators, electrical car chargers, and solar panels is a reliable source of additional revenue for the business. A robust pipeline of current and near-term engagements includes contracted city and county work, multi-family projects, and solar installations totaling approximately $250K. The business maintains a superior A+ rating with the Better Business Bureau and remains a long-standing member of numerous local and national trade organizations such National Home Builders Association and Solar Installers of Washington.
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Property Features and Assets:
Ordinary course of business is supported by a tenured team of field technicians and electrical professionals along with administrative support staff. A Master Electrician employed with the business carries an Electrical Administrator designation and will be available to assume this role under new ownership. Current ownership contributes an estimated one full time equivalent to the labor of the business.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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