Established Electrical Company

Mecklenburg County, NC

Seller Financing Available

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Asking Price:$1,200,000
Gross Revenue:$1,057,161
Rent:$1,000/Month
Established Year:2005
Cash Flow:$463,417
Inventory:$10,000
FF&E:$100,000
BUSINESS DESCRIPTION

Attention Entrepreneurs! This is your exclusive opportunity to own a well-established and highly respected electrical business with an impressive reputation and a promising future!

Why Invest in an Electric Company?

Strategic Location: This thriving business is strategically situated in the bustling areas of the Charlotte Metro, capitalizing on a vibrant community with a strong demand for electrical services.
Comprehensive Service Offerings: The company provides a wide array of services for residential clients, including detailed electrical wiring, lighting solutions installation, and more complex commercial electrical installations.
Trusted Brand: With over two decades of dedicated service, this Electric company has cultivated a reputation for excellence and customer satisfaction, becoming synonymous with reliability in the electrical industry.
Expansion Opportunities: This expanding market has immense growth potential, allowing new owners to capitalize on increasing demand in the local area.

Business Highlights:

Loyal Clientele: Benefit from a solid foundation of repeat customers and ongoing projects that reflect the trust and loyalty established over the years.
Skilled Workforce: Take over an experienced and knowledgeable team that is not only committed to the business but is also ready to support you throughout the transition.
State-of-the-Art Equipment: The business comes fully equipped with cutting-edge tools and technology, ensuring that all electrical needs can be met with the highest standards of quality and efficiency.
Revenue Growth: Enjoy consistent earnings backed by a proven history of profitability, with abundant opportunities to enhance revenue streams further.

Additional Benefits:

Established Online Presence: This Electric company features a professional website and active social media channels, providing a solid marketing and community engagement platform.
Strong Vendor Relationships: Built on years of collaboration, these trusted vendor partnerships ensure the business has access to quality materials and timely deliveries, which is crucial for maintaining service excellence.
Training and Support: A detailed training program and comprehensive handover process will be provided to ensure that you feel confident and well-prepared to take the reins of the business.
Community Involvement: The business enjoys a well-respected standing within the local community, highlighting its commitment to service and engagement with regional initiatives.

Financial Overview:

Solid Financials: Access to detailed financial records will be readily provided upon request, showing the business's health and stability.
Profitable Operations: This electric company has a proven track record of profitable operations and has demonstrated consistent financial growth.
Scalable Business Model: Given the growing demand for electrical services, many opportunities exist to broaden service offerings and capture a larger market share.

Act Now! This exceptional opportunity is confidential and won't last long on the market. Don't miss your chance to step into a thriving business—contact us today to uncover more about this incredible investment and embark on your journey toward owning a successful electrical enterprise!


DETAILED INFORMATION
Location
Mecklenburg County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
500
Lease Expiration
01/12/2026
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
-Modern Office Space: Well-maintained office with administrative and meeting areas. -Fleet of Vehicles: Reliable and well-maintained service vehicles. -Advanced Tools and Equipment: Comprehensive tools and machinery for all types of electrical work. -Technology Infrastructure: Up-to-date software and systems for efficient operations
Competition
-Growing Market: High demand for residential, commercial, and industrial electrical services. -Competitive Edge: A compelling reputation and established brand provide a competitive advantage. -Market Position: Well-positioned to capitalize on market growth and emerging opportunities. -Local Competition: The area has limited competition, but this company stands out due to its quality and reliability.
Growth & Expansion
Service Diversification: Expand into new service areas such as renewable energy installations and smart home technologies. Geographic Expansion: Open new branches in neighboring cities and regions to increase market reach. Partnership Opportunities: Form strategic alliances with construction companies and real estate developers. Marketing Initiatives: Enhance marketing efforts through digital campaigns, community events, and customer referral programs. Technology Upgrades: Invest in the latest technology to improve service efficiency
Support & Training
-Comprehensive Training: Detailed training program to ensure a smooth transition. -Ongoing Support: Continued support from the current owner during the transition period. -Operational Manuals: Complete set of operational manuals and procedures. -Vendor Introductions: Introduction to critical suppliers and partners
Reason for Selling
Retirement
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Gregory
Barnes
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Gregory Barnes