Electrical Contractor and Generator Services - Ready to Sell

Listing Number: 67675-486439

Listing Details

Electrical Contractor and Generator Services - Ready to Sell
Price: $2,000,000
Location: Granville County, North Carolina
  • Down Payment: $2,000,000
  • Sales: $2,106,389
  • Seller's Discretionary Earnings: $629,308
  • Inventory: $225,788
  • Furniture, Fixtures, and Equipment: $193,680
  • Rent: $5,000
  • Employees: 10
  • Year Established: 2005
  • Reason for Selling: New Venture

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Business Description

This established full-service electrical contractor holds unlimited licenses in both North Carolina and 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. Business comes with unlimited licensed employee. Seller is ready to semi-retire in new venture.

The Buyer must bring their own NC electrical license and serve as the licensed qualifier in responsible charge immediately upon acquisition, ensuring uninterrupted operations and compliance.  To qualify, an applicant must document a minimum of four years (8,000 hours) of verifiable hands-on electrical experience and pass the state administrated exam. 

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.