Enlign

Enlign

Enlign

Enlign

Enlign

Enlign
Enlign
https://enlign.com/upload/deals_listing/headerimage/ELECTRIC51.jpg

Lorem Ipsum

video-img



Enlign

Enlign

Overview

Electrical and Mechanical

Commercial Electrical Contracting Firm

Listing ID: ELECTRIC5

Entity Classification(M): S-Corp

Year Established: 1992

Annual Sales: $6,009,895

EBITDA: $1,399,660

FF&E: $480,500

Excess Inventory: $180,000

Days & Hours of Operation: M-F 8:30-5

Full-time Employees: 22

Reason For Sale: True Retirement

Limited Seller Financing: Seller may provide a portion of financing dependent upon overall transaction structure.

Listing Status: Active


Summary

Description:

This North Carolina based business is a reputable and well-established commercial electrical services firm. With a proud history of over three decades, they have earned a stellar reputation for providing top-notch electrical solutions to commercial clients. Their team of highly skilled and licensed electricians is committed to delivering exceptional workmanship, ensuring safety, efficiency, and reliability in every project they undertake. Whether it's electrical repairs, installations, or maintenance, the business excels in delivering personalized and cost-effective solutions tailored to meet the unique needs of its clients. The company maintains gross profit margins, SDE and adjusted EBITDA profit margins higher than the industry average. The business currently has over $3,000,000 in contractual backlog and an additional $4,500,000+ of outstanding quotes/RFP’s. 2024 gross revenue is expected to approach $7,000,000. As a trusted local company, they are dedicated to maintaining the highest customer service standards and have become a go-to choice for anyone seeking quality commercial electrical services in the central Southeast area.

Historical Summary:

This business was founded in 1992. As Wilmington experienced growth, the company grew its commercial and industrial services to meet the needs of its clients, becoming a prominent player in the local business landscape. Throughout the years, the owners have remained at the forefront of industry advancements, embracing cutting-edge technology and adhering to the highest safety standards. With a legacy spanning over three decades, this business is a trusted and reliable commercial electrical services provider known for its professionalism, expertise, and unwavering commitment to client satisfaction.

Growth & Expansion Opportunities:

The company has a steady flow of projects and maintains a backlog equivalent to approximately 6 months of work.

Owner Qualifications:

Owner should possess general business skills. The North Carolina State Board of Examiners of Electrical Contractors oversees licensing of electrical contractors in North Carolina and requires a North Carolina Electrical Contractors License. Local permits may also be required.

Support & Training:

Seller will provide a total of 240 hours of transition support included in the purchase price.

Enlign

Enlign

Enlign

Enlign

Jeff Snell, CM&AP, M&AMI, LMCBI, ABI

Principal Broker & Founder – Raleigh, NC

Office: (919) 341-1100

Cell: (919) 624-1124




Contact Listing Broker

Terms & Conditions*

☛ View the Privacy Policy of our mailing service.

Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

Location: Wilmington, NC

Real-Estate: Owned for Sale or Lease

Facilities Type: Flex/Office

Real-Estate Asking Price: $550,000

Monthly Rent: $4,000

Building Square Feet: 3,000

Facilities Description:

The business operates from a commercial business park with easy access to the major thoroughfare.