Established Electrical Contractor with Growth Potential

Bangor, ME

Service Businesses

Established Electrical Contractor with Growth Potential

Asking price

$750,000

Cash flow (TTM)

$21K

Reported by seller

Revenue (TTM)

$570K

Reported by seller

Inventory

$30K

Reported by seller

EBITDA (TTM)

$175K

Reported by seller

ScoutSights · Computed insights

The narrative

A look inside Established Electrical Contractor with Growth Potential.

This full-service electrical contractor caters to both residential and commercial clients across Central and Eastern Maine. Their diverse services include electrical troubleshooting, repairs, wiring, panel upgrades, lighting installation, and maintenance. The business enjoys a balanced clientele, with about 60% of revenue from residential projects and 40% from commercial work, primarily generated through ongoing properties, renovations, and repairs. Led by a skilled Master Electrician with nearly 30 years of experience, the company has built a strong reputation for quality service and customer satisfaction. The flexible business model employs a small team of 2–5 licensed 1099 electricians, allowing for scalability in response to project demands while keeping fixed costs low. There are ample opportunities for growth through hiring, modernizing operations with scheduling and CRM systems, enhanced marketing efforts, and targeting larger commercial and new construction projects. The seller is open to providing 30–180 days of transition support and may offer part-time assistance to ensure a smooth ownership change.

The fine print

Detailed information.

IndustryService Businesses
Employees6
Real estateLeased
Reason for sellingRetirement / slowing down
LocationBangor, Maine
Year established2023
FF&E$30,000
Contact number
Email

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

BizScout Score
0 · Poor50 · Fair75 · Good100 · Excellent

Why this score?

Historical comps

How this asking price compares.

Compare this listing against same-industry asking prices in the BizScout listings database — peer percentiles, sector asking-price multiples, and the 18-month asking-price trend.

Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Bangor, Maine

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

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Asking price

$750,000

View on BizScout