Established Electrical Lighting Contractor
Great opportunity to purchase an established and reputable electrical contractor that provides design/build services for interior and exterior lighting projects. The business was founded 25 years ago and consistently delivers quality service, professionalism, and an unmatched level of project management in their work. In addition to the lighting projects, the owner is also a Master Electrician so full service electrical repair work is a significant part of the business. The business works with local builders, architects, and interior designers on a regular basis. A majority of the work preformed is residential along with some light commercial.
The business has cultivated many loyal and repeat customers by offering competitive pricing, quality workmanship, and reliable services. There are relationships in place with designers, suppliers, vendors, and fellow industry professionals. The primary services offered include: lighting consultation, lighting design and installation, LED retrofitting, artwork lighting (picture lights and directional), chandelier installation (two-story, vaulted ceilings, chandelier lifts), under cabinet lighting and LED tape lighting, niche lighting, dimming control systems, landscape/garden/outdoor lighting, and exterior uplighting/downlighting.
The business has an excellent reputation in the area with a significant portion of its business coming from word of mouth and referrals. The business also has an excellent reputation on popular DC area platforms like Angi (Angie’s List) and Washington Consumer Checkbook. The demand for electrical contracting services in the Northern Virginia, Maryland & DC Metro market has been strong as the housing market remains strong, so this is an attractive way to enter the industry without the headaches and time of staring a new business from scratch. This business might also make for an attractive acquisition for an established contracting company that is looking to expand or branch out into lighting projects.
Financials (USD)
Asking Price $190,000
Cash Flow $109,617
Sales $518,217
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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