Commercial & Industrial Electrical Contractor - Business for Sale
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Commercial & Industrial Electrical Contractor in Lexington, SC
Lexington, SC, US
Added 4 months ago
Commercial & Industrial Electrical Contractor
11 years in business
Absentee / Semi-Absentee
Commercial and industrial electrical contractor serving a 45-mile radius around Lexington, SC, focused on large-scale projects for warehouses, medical facilities, restaurants, and high-rise properties, operating for 11 years with a team of 35 permanent employees.
Key Information
Asking
$24.0M
Revenue
$9.2M
Earnings
$3.8M
Multiple
6.4x
Key Highlights
- Business has been operating for 11 years
- Located in Lexington, SC, US
- 35 permanent employees, supported by a small pool of temporary labor
- Operates out of a 14,000-sq-ft facility, with 8,000 sq ft dedicated to warehouse space
- Asset base includes approximately $655,000 in vehicles and heavy equipment (including 16 trucks, a mini-excavator, and a skid steer)
- $500,000 in inventory/materials included
- 100% commercial and industrial B2B model; does not serve residential clients
- Service radius is 45 miles
- Contracts secured through long-standing relationships with general contractors and direct calls from facility managers
- Both owners work around 25 hours per week (semi-absentee ownership)
Contact Info
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