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Texas Resort Town Electrical Contractor With Lighting Showroom For Sale

Texas
Asking Price:
$750,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,378,000 (USD)
Cash Flow:
$285,000 (USD)

Outstanding Income. Outstanding Lifestyle. It’s rare an opportunity comes along offering both. This established Electrical Contractor has enjoyed 14 years of continuous growth! A well-trained staff is in place with all field crews holding some
level of Texas Electrical Licenses. Sales exceeded $2.1M in 2018 and are on target to exceed $2.4M in 2019. Owner’s Cash Flow was $242k in 2018 and could be double that in 2019.

The business is located in a resort community on the Texas Gulf Coast. It operates out of a new 4,000 square foot office/warehouse and recently added a lighting showroom. An inventory management system was added last year allowing the manager to track jobs, bids and inventory in real time making this a truly professional operation.

The current owner is willing to stay for a reasonable transition period and is also willing to provide training to the new owner. Long term licensing support from current owner is available if the new owner does not have his or her own Master Electrician’s License.

This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer or [email protected]

Property Information

Real Estate:

Lease

Lease Terms:

$3,000 per month

Location:

4,000 sq. ft. space

Premises Details:

Available for lease or purchase

Size in square feet:
4,000

Business Operation

Trading hours:

Monday-Friday 8-5

Employees:
19 FTE
Years established:
14 years

Other Information

Support & training:

Seller will negotiate a transition period

Furniture / Fixtures value:
$196,000 (USD) - included in the asking price
Inventory / Stock value:
$45,000 (USD) - included in the asking price
Related Documents:

Contact Information

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