Electrical Services Company – 11 Year History

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$110K of FFE & Inventory Included. 95% Repeat Business. 27% Net Income Margins.
Asking Price:
$299,950

Gross Revenue:
$501,749
Cash Flow:
$168,742
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

Founded in 2007, this highly profitable business specializes in commercial and residential installation, repair and replacement for electrical and general contracting services in the Midland, Texas area.

The Company’s valuable foundation of recurring revenues, along with $110K worth of FF&E and Inventory and an employee that completes 100% of the actual repair and installation work, ensures a seamless transition of their proven business model.

With an attractive 27% Gross Profit Margin and an 11 year track record of consistent cash flows, this offering presents an opportunity towards substantial overall return on investment.

About the Business

Year Established:
2007
Number of Employees:
2
Relocatable:
Yes
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Facilities:
The Company is operated out of a home office with 600 SQFT of Office space and 1.2K SQFT of workshop / storage space. The Company has a $20K per year “Rent” expense so the new owner can relocate this Company to a small office / warehouse space or open a virtual office if necessary.
Growth & Expansion:
Update digital platform; advertising/SEO campaigns, increase workforce.
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About the Sale

Reason For Selling:
Focus on retirement.
Training/Support:
The seller is committed to the company’s ongoing success and will provide 30-60 days of complete training and support.

Listing Info

ID:
1524055
Ad Detail Views:
502

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Business Listed by

Andres Cantor

Lighthouse Business Brokers

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Sponsoring Broker:

Andrew Rosenthal
Lighthouse Business Brokers

U.S. Census Data for Midland County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Midland County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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