Residential Electrical Contractor
Off-MarketChapel Hill, NC
Residential Electrical Contractor
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$550,000
$265,000
48.2%
2012
Past 24h
Customers
Focuses exclusively on residential electrical work by preference; 80% of work is in Chapel Hill with additional work in Durham and surrounding cities. The business does not do any new construction work, and most projects are completed in a few days.
Customer Acquisition
Marketing relies heavily on Nextdoor, neighborhood listservs, word-of-mouth, and truck signage.
Team
The company employs two people who perform fieldwork.
Owner's Role
Owner handles estimates and oversees operations; no longer works in the field. Her partner handles finances and bookkeeping.
Reason for Selling
The owner is looking to retire.
Contracts
No contracts.
Real Estate
The business operates from the owner's home with no separate real estate; two trucks will be included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
Yes, electrical licenses in North Carolina are attributed to individuals, not businesses; a buyer must acquire an electrical corporate qualifier to operate legally.
Additional Notes
The business is accredited by the BBB with a strong rating, has won awards, and maintains excellent relationships with inspectors.
Business ID: 2001
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