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 |
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Sign NDA
To receive the CIM and financial data package, please complete the form on this page. You will then receive an email with a link to the NDA. Once the NDA is completed, you will receive a short questionnaire to help us evaluate buyer-seller fit before sharing the CIM. Our team will countersign the NDA and send you the CIM within 24 hours.
