Under Contract
$10M Electrical Contractor $1M EBITDA 40+ Years
Michigan Electrical Contractor Serving Industrial, Commercial and Residential Customers
On NextCompany since September 14, 2026 (31 days)
MI area
Business overview
This electrical contractor serves a major Michigan metropolitan market across industrial, commercial and residential projects. The business has operated for 40+ years. Its services include machine wiring, generators and EV charging. Technicians, administrative staff and sales personnel support operations with a fleet and specialized equipment.
The listing carries under-contract status with a $4,900,000 asking price. The business reports gross revenue of $9,000,000 - $10,000,000, EBITDA of $1,000,000 and cash flow of $1,000,000. Ownership implemented labor structure and project quoting improvements in 2025. The seller offers transition support.
Who is a good fit for this business
- Electrical contracting operators seeking industrial, commercial and residential capabilities alongside an established workforce.
- Buyers pursuing recurring service revenue potential through generator maintenance and a base of 3,300+ service customers.
Details
- Reason for selling
- Ownership is pursuing a transition after decades of operation with planned move for family reasons.
- Real estate
- Owned, available separately
Frequently Asked Questions
The contractor performs industrial, commercial and residential electrical work in a major Michigan metropolitan market. Its services cover machine wiring, generators and EV charging.
The listing reports gross revenue of $9,000,000 - $10,000,000 and an asking price of $4,900,000. The business reports EBITDA of $1,000,000 and cash flow of $1,000,000.
The offering includes options to purchase two facilities separately or lease them. The listing estimates their combined value at approximately $1.85M.
Ownership seeks a transition after decades of operation and plans a move for family reasons. The seller offers transition support.
The contractor serves 3,300+ service customers. Generator maintenance offers recurring revenue potential within its service operations.