30-Employee Electrical Contractor | 50 Years Old | Midwest

April 29, 2025
by an intermediary from Washington State University in Dorado, 00646, Puerto Rico
Well-established electrical contracting business with ~$4.8M revenue and over $500K in net profit. Long-term team, diversified client base, no marketing dependency.
Business Overview:
An established electrical contractor operating for nearly 50 years, this business services residential, commercial, industrial, agricultural, and warehouse customers across a 75-mile radius. The company has a strong field team of 30 full-time employees, supported by a management structure split between two partners. Customer relationships are predominantly word-of-mouth driven, with over 50% of revenue coming from repeat business. The owner oversees administrative, sales, and management duties, while the day-to-day project operations are handled by the minority partner.
Investment Highlights:
-Consistent Revenue Base: $4.8M revenue in 2024, with significant margin improvement year-over-year.
-Strong Profitability: Net profit increased to $514K in 2024.
-Experienced Workforce: 30 full-time electricians and 1 part-time employee in place.
-Minimal Marketing Required: 50%+ repeat business driven entirely through relationships and reputation.
-Diversified Service Offering: Serves residential, commercial, industrial, and agricultural sectors.
Growth/Scale Opportunities:
-Implement a formal marketing and sales function to drive new business.
-Expand geographic coverage or add service lines such as renewable energy installations or EV charging infrastructure.
Comment below or request NDA if interested.
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