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• Inventory $200,000• SBA Financing Availability• Long Established, very profitable general contractor and electrical contracting business provides a steady cash flow and further growth potential. • A business of this quality is hard to find with owner retiring. This one won’t last long – act fast!• Experienced and qualified electrical contractor performing new installation, tenant improvements, repairs, maintenance, and time & material projects. • Room to grow – Huge Upside Potential - Can increase sales/profits adding products or services. • Consistent sales/profit growth for years, exceptionally well established.• Location: Las Vegas, Nevada• Year Established: 1993• Number of Employees: 20 Full Time (Licensees on Staff)• Office & Yard Leased: $5,00 Per Month• Reason for Selling: Retirement• Training & Support: The Seller will provide an agreed to amount of training and orderly turnover to the new owner to transfer the customer base sufficiently and effectively.
Why we like it
- Strong cash conversion with $700K cash flow on $4.5M revenue delivering 15.6% margins in a capital-light business model. The electrical contracting sector typically sees 8-12% margins, so this operation is performing above industry benchmarks while generating predictable cash flows from essential services.
- Defensive market position in Las Vegas serving both new construction and maintenance, creating revenue diversification across economic cycles. Electrical work is non-discretionary spending for commercial properties, and Las Vegas's tourism and hospitality infrastructure requires constant maintenance and upgrades.
- Established 30-year operation with licensed staff and proven systems generating consistent growth over multiple years. The longevity demonstrates the business has weathered multiple economic cycles while building institutional knowledge and customer relationships that create switching costs.
- SBA financing availability indicates clean financials and validates the business quality for institutional lenders. This expands the buyer pool beyond cash purchasers and suggests the operation meets rigorous lending standards for documentation and performance.
How to improve it
- Implement CRM system to track customer maintenance contracts and create recurring revenue streams from existing commercial clients. Most electrical contractors leave money on the table by not converting project customers into ongoing maintenance relationships.
- Add complementary services like low-voltage, security systems, or generator installation to increase project values and customer wallet share. The existing electrical license and crew can often handle these higher-margin add-ons with minimal additional investment.
- Develop direct relationships with property management companies and facility managers to bypass general contractors and capture higher margins. Direct customer relationships also provide better payment terms and reduce project competition.
- Create preventive maintenance programs for commercial accounts to generate predictable monthly recurring revenue. Electrical systems require regular inspection and maintenance, creating natural subscription revenue opportunities.
- Expand geographic coverage within Nevada to capture larger projects and reduce local market concentration risk. The existing licensing and bonding capacity likely supports broader territorial expansion without significant infrastructure investment.
Diligence notes
- Verify the quality and age of the $200K inventory to understand working capital requirements and potential write-downs. Electrical materials can become obsolete quickly, and aging inventory may indicate poor project management or overstocking issues.
- Review customer concentration and payment terms to assess cash flow predictability and collection risk. Electrical contractors often face payment delays from general contractors, so understanding the customer mix between direct and subcontractor relationships is critical.
- Examine the licensing status, bonding capacity, and insurance coverage to ensure transferability and understand ongoing compliance costs. Electrical contractor licenses are often tied to specific individuals and may require new testing or certification for the buyer.
- Analyze the lease terms for the office and yard space at $5,000 monthly to understand location risk and future occupancy costs. The facility requirements for electrical contractors include material storage and vehicle parking that may be difficult to replicate elsewhere.