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Advert Ref: 51139

Electrical & Telecom Opportunity For Sale

Mutiple locations in major metropolitan TX cities, Texas, United States

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Details: Asking price:Undisclosed; Sales revenue:$10,000,000; Net profit:$1,158,000; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This well-known electrical & telecom service provider has had a superior reputation in the industry for 20+ years, has strong limited competitive work with national and regional telecom companies, offers a wide dversity of services, has excellent contacts for non-competitive work in the electrical market and has seasoned management in place for new owners. The Company derives its growth and success from being a single source provider of the electrical and telecommunications needs of its customers. These services range from installation and construction to maintenance and repair. The Company is staffed by approximately 62 full time electricians, technicians and mechanics. Company operates out of a 6,900 square foot office and a 14,200 square foot warehouse owned by the Company. Company’s revenue mix enables it to diversify its project portfolio and not depend on any single business segment. Company does not depend on disaster recovery for consistent results; this is a source of revenue that can make the Company significantly more profitable in any given year.

General information: Years established:1984; Employees: 62; Real Estate:; Lease terms:The company operates out of a production facility totaling approximately 21,000 square feet. The facility features a 6,900 square foot office and a 14,200 square foot warehouse. The Company has occupied the location since 1984. The property is owned by the shareholders who are willing to sell or lease the facilities to the new owners.; Location:The company is located near a large metropolitan city in Texas.; Expansion potential:Economically, this company represents a sound investment opportunity as a stand alone purchase, however, buyers that can bring additional operating capital and human resources will be able to add substantial value to this attractive Company. Significant growth opportunities lie in increased power generator sales, service and rentals as well as UPS sales and service for commercial and government entities as well as expansion with existing customers in new geographic markets.; Competition / Market:Much of the work is driven by commercial construction. Maintenance and repair work is less sensitive to real estate cycles. Larger companies, like this one have an advantage in getting contracts because of the increasing complexity of electrical projects and systems, and due to consolidation in the real estate management industry. Building managers prefer to deal with contractors who can provide multiple services in different markets. This is an area where this company excels.; Support & training:Management is in place and will remain through transition. Shareholders will provide support and training if necessary to insure a smooth transition.; Reasons for selling:Shareholders would like move their equity out of the business in preparation for retirement.; Financing available?Contigent on the quality of the offer and the buyer's financial credibility.