Electrical biz sold for $3.9M
A residential electrical contracting business changed hands for $3.9 million this week, with brokers citing strong buyer demand for well‑documented service firms. The deal underscores that tidy books, recurring service contracts and clear processes materially increase exit value. (indystar.xpr-gannett.com)
Transworld Business Advisors announced the closing of a $3,900,000 sale of a South Florida electrical contracting company in a March 20, 2026 release led by Partner and M&A Advisor Thomas Milana (menafn.com: ). The listing tied to the transaction shows the business located in Broward County with reported 2025 sales of $4,149,713 and Seller’s Discretionary Earnings of $900,033, and it listed 25 employees and a 1990 founding year (tworld.com: ). The same listing broke out deal items including a $3,510,000 down payment, $150,000 in inventory, $85,000 in furniture/fixtures/equipment, and monthly rent reported at $6,195 (tworld.com: ). Transworld’s announcement quoted Tom Milana saying buyers are actively seeking electrical, HVAC and plumbing firms right now, framing the trade sector as having heightened acquisition demand on or about March 20, 2026 (progress-index.com: ). The press release identified buyer appetite specifically for businesses with documented recurring service agreements and formalized processes, describing those features as drivers of premium valuations in recent trades transactions (menafn.com: ). Transworld’s public deal archive and other recent Florida listings show follow-on activity in the region—Transworld has marketed both commercial and residential electrical platforms with multi‑million‑dollar pipelines and rollover contract claims in recent months, indicating continued strategic interest from acquirers (transworldma.com: tworld.ie: ).