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Electrical Contractor and Generator Service

Granville County, NC, USA
Listed 35 days ago
Established 2005

This established full-service electrical contractor holds an unlimited electrical license in North Carolina and a tradesman license in Virginia, delivering reliable expertise across a wide range of projects. The company specializes in commercial and residential installations, repairs, and system upgrades, with additional proficiency in generator installation and maintenance. Clients value the firm’s professionalism, technical skill, and commitment to quality on every job. The strategic goal is to sell the business with an unlimited licensed employee. The ideal buyer will bring their own NC unlimited electrical license.  Seller is ready to semi-retire in new venture. Three different SBA lenders have already pre-qualified this listing for financing.  Buyers must demonstrate the financial capacity to support a $2.0 million acquisition, whether through personal capital, lender financing, or a combination thereof. This opportunity is best suited for well-capitalized buyers who are prepared to move forward within standard lender underwriting parameters.

Employees

10

Real Estate

Real Property Included

Trading Hours

730am - 5pm (Mon - Th), 730am - 130pm Fri.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

A locally established electrical services company, incorporated in 2005, has grown from a small community contractor into a regional provider serving multiple counties and bordering counties in VA. Leadership has expanded over the years to include licensed professionals overseeing technical operations and administrative management, creating a balanced and experienced team. As the business matured, its service offerings broadened beyond standard electrical work to include specialized generator sales and support as an authorized dealer for major national brands. The company’s progression—supported by advanced licensure across the VA state lines—has positioned it as a respected and reliable provider within its service region and is postured for growth.

Support & Training

3 weeks

Expansion Potential

Surging Demand for Backup Power: Increasing grid instability and frequent power outages drive higher demand for residential and commercial standby generators. Regional Construction Boom: Raleigh alone added ~32,000 new residents from 2020 to 2024, one of the largest increases in the nation. This development boom translates into heightened demand for electrical contractors for new builds, renovations, and infrastructure.

Inventory / Stock Value

$225,788 - included in the asking price

Reason for Selling

New Venture

Financials

Asking Price
$2M
RevenueMost Recent Year
$2.1M
Earnings (SDE)Last Reported
$629K
Assets ValueIncluded in Asking Price
$194K
Seller Financing
Not available

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