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Commercial Electrical Contracting Firm

Wilmington, NC, USA
Updated 195 days ago

This North Carolina based business is a reputable and well-established commercial electrical services firm. With a proud history of over three decades, they have earned a stellar reputation for providing top-notch electrical solutions to commercial clients. Their team of highly skilled and licensed electricians is committed to delivering exceptional workmanship, ensuring safety, efficiency, and reliability in every project they undertake. Whether it's electrical repairs, installations, or maintenance, the business excels in delivering personalized and cost-effective solutions tailored to meet the unique needs of its clients. The company maintains gross profit margins, SDE and adjusted EBITDA profit margins higher than the industry average. The business currently has over $3,000,000 in contractual backlog and an additional $4,500,000+ of outstanding quotes/RFP’s. 2024 gross revenue is expected to approach $7,000,000. As a trusted local company, they are dedicated to maintaining the highest customer service standards and have become a go-to choice for anyone seeking quality commercial electrical services in the central Southeast area. There is ~$180,000 of inventory that will be in addition to the purchase price.

Buyer Fee?

No

Franchise?

No

Relocatable?

Yes

Management Will Stay?

Yes

Represented By Broker?

Yes

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$6.0M
Earnings (SDE)Last Reported
$1.4M
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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