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Electronics

Established and Well-Known Electrical Lighting Contractor Serving the DC Metro Area

Montgomery County, MD, USA
Listed 74 days ago
Established 1999

Great opportunity to purchase an established and reputable electrical contractor that provides design/build services for interior and exterior lighting projects. The business was founded 25 years ago and consistently delivers quality service, professionalism, and an unmatched level of project management in their work. In addition to the lighting projects, the owner is also a Master Electrician so full service electrical repair work is a significant part of the business. The business works with local builders, architects, and interior designers on a regular basis. A majority of the work preformed is residential along with some light commercial. The business has cultivated many loyal and repeat customers by offering competitive pricing, quality workmanship, and reliable services. There are relationships in place with designers, suppliers, vendors, and fellow industry professionals. The primary services offered include: lighting consultation, lighting design and installation, LED retrofitting, artwork lighting (picture lights and directional), chandelier installation (two-story, vaulted ceilings, chandelier lifts), under cabinet lighting and LED tape lighting, niche lighting, dimming control systems, landscape/garden/outdoor lighting, and exterior uplighting/downlighting. The business has an excellent reputation in the area with a significant portion of its business coming from word of mouth and referrals. The business also has an excellent reputation on popular DC area platforms like Angi (Angie’s List) and Washington Consumer Checkbook. The demand for electrical contracting services in the Northern Virginia, Maryland & DC Metro market has been strong as the housing market remains strong, so this is an attractive way to enter the industry without the headaches and time of staring a new business from scratch. This business might also make for an attractive acquisition for an established contracting company that is looking to expand or branch out into lighting projects.

Employees

4

Inventory

$22,000

Listing Status

Available

Training & Support

Seller will provide necessary training and support.

Seller Financing Terms

Depends on the final purchase price, terms, and qualifications of the buyer.

Inventory Included In Sale

No

Reason for Selling

Owner is retiring.

Financials

Asking Price
$190K
RevenueMost Recent Year
$518K
Earnings (SDE)Last Reported
$110K
Assets ValueIncluded in Asking Price
$70K
Seller Financing
Yes

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