Viking Electrical Services, a nationwide opportunity

Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$2,500
Included in asking price
FF&E$185,500
Included in asking price
800A 208V service on a school we built
New Electrical service for a machine shop
800A 480V
Out with the old, in with the new
Switch gear room at a data center
800A 208V service on a school we built
New Electrical service for a machine shop
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Viking Electrical Services, a nationwide opportunity


Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$2,500
Included in asking price
FF&E$185,500
Included in asking price
Business Description
Viking Electrical Services is almost ten years old. We have established ourselves and are recognizable in the field. We have unlimited lines of credit available at almost every electrical supply house in the state. We have accounts with dozens of suppliers, equipment and tool rental locations. We have established a fool proof job accusation and bidding process along with a flexible work force to complete any job that becomes available.
About the Business
Years in Operation
7
Employees
7 (5 Full-time, 1 Part-time, 1 Contractor)
Currently Home Based
Yes
Franchise
This business is an established franchise
Facilities & Assets
Optional rental property includes 2000 sq. ft. office building, metal building shop, 10 parking spots and a two car carport.
Website
https://vikingelectricaltx.com/
Market Outlook / Competition
Booming. I am proof that my industry is Harvey proof, 2020 proof, Trump/Biden/Trump proof… This is a resilient industry in a resilient town in a resilient state.
Opportunities for Growth
We currently hold nationwide contracts. These offer unlimited growth opportunity. We also perform local new commercial construction builds for several contractors. New contractors are always open for new competitive bids. The growth potential for this market is also unlimited
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,500
Rent
$3,500.00 per month
Lease Expiration
5/1/2031
About the Sale
Seller Motivation
I set a goal and I achieved it. I have a new goal now; to captain a charter fish
Transition Support
I have designed very simple systems to acquire commercial/lighting/service call electrical jobs, bid these jobs, sell these jobs, run, complete and collect on these jobs. I can teach the new owners these systems in an afternoon.
Listing Info
ID
2446857
Listing Views
Business Location

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Business Listed by: Ryan Cumming

Listing ID: 2446857 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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