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- RE: North Dakota Commercial Electrical Contractor
- Contact: Michael Weisbeck
Quick Facts
Asking Price: | $1,650,000 | |
Annual Revenue: | $4,716,188 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $475,000 | |
Real Estate: | $1,500,000 | |
Year Established: | 1983 | |
Employees: | 17 | |
BBN Listing #: | SB-56245 | |
Broker Reference #: | NORTHDK001-56245 |
Business Overview:
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.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
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.Reason for Selling:
Owner is looking to retire.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Dakota businesses for sale
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