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Turnkey Electrical Service Contractor In Houston For Sale

Houston, Texas, US
Asking Price:
On request
Sales Revenue:
$2,602,000 (USD)
Cash Flow:
$535,000 (USD)

Key aspects
· Average gross profit margin of 59.0% over last four fiscal years
· In business for over 30 years; high repeat business rate
· Long tenured and highly experienced employees which include multiple master & journeyman electricians
· Excellent reputation in its markets which include general contractors & municipal government
· Established maintenance agreements for over a decade with municipal entities
· Business operates with no long-term debt

Shareholder/owner objectives
The sole owner is approaching retirement and is looking to fully exit from the business. He is open to staying on for a transitionary period and is willing to discuss various deal structures to facilitate a transaction.

Property Information

Location:

Headquartered
· Baytown, Texas
· Greater Houston Area

Premises Details:

Real estate
The company operates from a 21,607 square-foot facility leased from a related party. The premises is available as part of a sale or for lease at a negotiable rate.

Business Operation

Expansion Potential:

Opportunities
· Invest in new business development, a dedicated sales team, and advertising efforts to capitalize on the area´s current commercial and industrial growth
· Bid for prime contract work and larger projects in the municipal and private commercial market
· Expand to other surrounding Houston communities

Competition / Market:

Current markets
The company currently serves Baytown and the greater Houston area´s commercial, municipal, and residential markets.

Contact Information

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