Florida Electrical Contractor with Strong Projections and Recurring Revenue

This is a well-established electrical contracting business located in Florida's panhandle, boasting a 30-year reputation for providing long-term electrical system installation and service contracts. The business primarily serves Commercial (90%), Medical (5%), and Industrial (5%) clients, requiring a Florida State Certified Master Electrical License. It is locally preferred by recurring contractors and has a portfolio of both large and small projects. The company generated approximately $4.9 million in revenue in 2022, with profits around $450,000, showing substantial growth from 2021. The leased 7,500 sq ft facility includes office, storage, and production areas. A team of nineteen experienced, non-union employees is expected to remain post-acquisition, with a transition period of up to twelve months. The business is debt-free and includes receivables of $700,000, equipment valued at $356,500, and inventory of $7,176. Opportunities for growth exist through aggressive advertising, website development, social media, and expansion into residential and military projects.