Business Summary:
Excellent opportunity to own an established electrical contracting company that has been serving customers in DC, Maryland and Virginia for over 30 years. The owner is a Master Electrician and has several employees who perform work for the company as well. There is a combination of commercial and residential customers with several key long-term relationships in place with General Contractors who work in the public sector (e.g., schools) and commercial businesses (e.g., laundromats, restaurants, retail stores, offices, etc.). There are also other relationships in place with suppliers, vendors, and fellow industry professionals that serve as a nice complement to the business.
The primary services offered include: Commercial/Residential Full Service Electrical Installation, Repairs, Retrofits, Renovations and Upgrades, Interior/exterior Lighting and Upgrades, Electrical Service Upgrades, Fire Alarm systems, Residential and Commercial Standby Generator installation, Transformers, and Energy Management. The business is known for their commitment to consistent and high-quality workmanship. The business has recently gone through a rigorous process and has been awarded the federal SBA 8(a) certification. The business is also a certified Minority Business Enterprise for the state of Maryland and holds the following certifications, Minority-Owned Business, Self-Certified Small Disadvantaged Business, Economically Disadvantaged Women Owned Small Business, Women-Owned Small Business, Asian-Pacific American Owned, DOT Certified DBE. The business maintains electrical licenses in all relevant counties in the DMV.
The demand for electrical contracting services in the Northern Virginia, Maryland & DC Metro market has been strong, so this is an attractive way to enter the industry without the headaches and time of starting a new business from scratch. The owner has decided it’s time to retire after a long and successful tenure of running the business. They are willing to provide some financing to the next owner and will also assist with training and transitional support so they are set up for success. Don’t miss out on this opportunity and contact us today to learn more!
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