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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

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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.

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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

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