Client: 44949
Description
Homeowners and contractors in the Seattle area rely on this residential electrical contractor for safety-critical upgrades, outdoor living projects, and installation of backup battery storage, functional electrification needs, and generator installations. Supported by a diversified mix of homeowners (60%) and contractors (40%). No new construction.
Parent company is an affiliated relationship that wants to enter into MSA post sale. This will provide recurring project flow, with no single independent client exceeding 5% of sales.
Day-to-day operations are led by an experienced general manager and licensed lead electrician, with only 1–2 hours per month of owner involvement.
Products & Services
• Outdoor Living Electrical Focus: Electrical work for decks, patios, pergolas, and outdoor kitchens drives repeat business and high profit margins.
• Safety-Focused Upgrades: Revenue from panel replacements, service upgrades, and fixes in older homes, driven by non-optional safety requirements.
• Premium Installations: Higher-margin projects like hot tubs, generators, outdoor lighting, and battery backups, supported by certifications that build customer trust.
Acquisition Highlights
• Embedded Project Pipeline: Long-standing services relationship with affiliated outdoor-living construction divisions generates recurring electrical work.
• Untapped Growth Potential: Electrical company that has received limited strategic focus from the parent company with excellent management and staff already in place.
• Established Reputation: Hundreds of positive online reviews and strong repeat customer demand.
• Clear Growth Pathways: Opportunities to expand service capacity and capture rising demand for EV electrification upgrades.
Business Overview
| Revenue | $ 2,800,000 |
|---|---|
| Seller’s Discretionary Earnings | $669,000 |
| Year Established | 2016 |
| Number of Employees | 7 |
| Location | Washington State |
"*" indicates required fields
Sign NDA
To receive the CIM and financial data package, please complete the form on this page and it will send you to an Adobe Sign NDA PDF to sign. Once you complete the Adobe Sign PDF, you will immediately receive a link from Adobe to your email where you must authenticate your identity/email. Once you authenticate your identity using this link, our team will countersign the NDA and send you the CIM within 24 hours.
