Commercial Electrical Contracting Firm in Wilmington, NC

This listing presents a well-established and reputable commercial electrical contracting firm based in Wilmington, North Carolina. With a history spanning over three decades, the business has cultivated a strong reputation for delivering top-notch electrical solutions, including repairs, installations, and maintenance, to a commercial clientele. The company employs a team of highly skilled and licensed electricians dedicated to exceptional workmanship, prioritizing safety, efficiency, and reliability in all projects. It consistently achieves gross profit margins, SDE, and adjusted EBITDA profit margins that exceed industry averages. A key asset is its substantial contractual backlog exceeding $3,000,000, further bolstered by over $4,500,000 in outstanding quotes and RFPs. Projected 2024 gross revenue is anticipated to reach approximately $7,000,000. As a trusted local entity, the firm is committed to the highest customer service standards, making it a preferred choice for commercial electrical services throughout the central Southeast region. Approximately $180,000 of inventory is included in the sale, in addition to the purchase price. The business is relocatable, and management has expressed willingness to stay on post-acquisition.