Business Description
For sale is a well-established electrical subcontractor in the Southeast, specializing in large-scale multifamily construction. The company has strong, long-term relationships with two premier general contractors and is known for completing projects on time, under budget, and often ahead of schedule.
In 2024, the company achieved record revenue of nearly $11 million, bolstered by a $7 million flagship project. Although the first half of 2025 was slower due to project scheduling, the back half is expected to ramp up with over $8 million in contracted work already in place. Projected profit for 2025 is $1.4 million. The tax returns show $2.3 million or more in profit for each of the last two years, which should make financing easier.
Operations are handled by a lean, skilled team, with minimal involvement from the owner—only 3 to 4 hours daily, remotely. A Master Electrician license is required and can be transferred or obtained by a current employee. Average project size is $2 to $3 million.
The seller is asking $5 million, with $3 million due at closing and the balance structured as an earnout. This is an excellent opportunity for a strategic buyer seeking a profitable, growth-ready operation in the commercial electrical sector.
