This is a rare opportunity to acquire a well-established, highly reputable commercial electrical contracting business in Virginia with over $700,000 in active backlog, a skilled workforce, and strong infrastructure in place.
Founded in 2009, the company specializes in commercial, industrial, higher education, and municipal projects. It holds a Class A Electrical License, positioning it well for both private and public sector growth. Known for quality workmanship and safety, the business maintains long-term relationships with general contractors and clients, supported by a loyal and experienced team of 16 employees.
The current owner is retiring and has scaled back day-to-day involvement, leading to a dip in 2024 financials. In response, the asking price has been significantly reduced, creating a high-value opportunity for the right buyer. With backlog in place and a solid foundation, the business is poised for a strong rebound under new ownership.
Key Highlights
• $700K+ in Active Backlog
• Class A Electrical License
• 8 Company Vehicles Included
• No Brick-and-Mortar Overhead
• 2,000 sq. ft. Leased Warehouse for Inventory
• Long-Tenured, Skilled Workforce
• Policies, Systems, and Safety Programs in Place
Ideal Buyer
• A licensed electrician ready to take ownership of an established, reputable operation
• An electrical or general contractor seeking to expand regionally through acquisition
• A strategic buyer or investor group looking for a bolt-on with contracts and team in place
Growth Opportunities
• Expand into residential services to diversify revenue
• Hire a dedicated estimator or business development lead to drive volume
• Tap into existing backlog for immediate revenue growth
Operational Structure
• No storefront – business operates lean with minimal overhead
• 2,000 sq. ft. warehouse leased for storage and staging
• Full staff of 16, including licensed electricians and office support
• Owner willing to assist with a transition to ensure smooth handover
Established: 2009
Employees: 16
Vehicles Included: 8
Inventory: Included in asking price
Reason for Sale: Retirement
Ad#:2274286
