Electrical Contractor in Central Florida
Off-MarketSaint Cloud, FL
Electrical Contractor In Central Florida
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$3,000,000
$500,000
16.7%
1980
30+ Days
Customers
80% of revenue comes from new commercial construction, with the remaining 20% split between service work and residential projects.
Customer Acquisition
Business development primarily relies on word-of-mouth referrals and past client relationships. The company also uses a paid platform as a marketing tool to generate leads.
Team
The company currently employs 10 team members, primarily W-2 workers for commercial work, with subcontractors handling residential and multifamily projects.
Owner's Role
The owner handles bookkeeping, billing, and some estimating work. His son (the Vice President) oversees production, business development, estimating, and day-to-day operations. His son would be willing to continue with the business post-sale.
Reason for Selling
The owner is looking to retire from the business.
Contracts
Service contracts exist with a few industrial power plants throughout the state, generating approximately $90,000 annually; however, this market remains largely untapped.
Real Estate
The business operates from a leased office space in central Florida.
When Are You Looking to Sell
3-6 months
Licenses Required
An electrical contractor license is required to operate.
Additional Notes
The business has achieved 30% growth this year and forecasts potential 25%–30% growth for the following year.
Business ID: 1756
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