Electrical Contracting Business in Beautiful Coastal NC
Listing Number: 13485-538864
Listing Details
- Down Payment: $250,000
- Sales: $495,361
- Seller's Discretionary Earnings: $124,919
- Inventory: $32,000
- Furniture, Fixtures, and Equipment: $20,000
- Employees: 4
- Year Established: 9
- Reason for Selling: retirement
Business Description
This opportunity represents the acquisition of a well-established electrical services company with immediate cash flow, a strong reputation, and multiple avenues for growth. The owner currently holds the electrical license and is committed to supporting a smooth transition, remaining involved until the buyer secures their own licensure.
The company has built a trusted presence across Eastern North Carolina’s coastal region, providing residential and light commercial electrical services. Offerings include service calls, generator and transfer switch installations, pool and boat lift wiring, remodel projects, and panel upgrades. Revenue is well diversified, with service work serving as the primary driver, supplemented by consistent demand from marine electrical, contract jobs, and generator installations.
The sale includes approximately $25,000–$40,000 in inventory and supplies, along with a fleet of three service trucks and three trailers, enabling continued operations without interruption.
In 2025, the owner’s reduced involvement due to family health matters impacted revenue. However, key steps are already underway in 2026 to restore and grow performance, including the addition of a project manager and an extra technician to increase capacity and improve operational efficiency.
The business is well-positioned for accelerated growth under new ownership, supported by strong underlying demand and an established market presence. Key opportunities include:
- Expansion of generator installation and maintenance services to meet rising demand for backup power
- Increased marketing efforts to capture additional residential and contractor-driven leads
- Expanded work with Marine Corps Base Camp Lejeune and other government-related projects
- Hiring additional electricians to scale service capacity and reduce scheduling constraints
- Continued growth in remodel and panel upgrade work driven by ongoing residential development
- Development of recurring service agreements with residential and commercial clients
- Leveraging existing general contractor relationships to increase project volume