71191 -Residential & Commercial Electrical Contractor


Seller Financing Available
71191 -Residential & Commercial Electrical Contractor

Asking Price:$2,900,000

Cash Flow:$370,000

Gross Revenue:$1,010,000





71191 -Residential & Commercial Electrical Contractor

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Business Description

20%+ Net income! Servicing East Texas since the 1960s, this full service electrical contractor provides new electrical systems and wire installation for residential and commercial projects. The company primarily installs wire and electrical systems for new residential and commercial construction, as well as for individual business and residential remodeling projects. Offering these services requires certified electricians and journeymen to perform installations and licensed repair work. The company has a proven track record, supported by its long standing business associations and its loyal retail customers over the years. Revenues have been increasing over the past 3 years. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

40% of the company’s revenue derive individual homeowners requiring home remodeling projects. Meanwhile, 30% come from existing business entities, and builders for new construction of residential and commercial projects. 20% of revenues derive from services related to water environments including pools and boathouses, and the last 10% from service calls. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. For more information, contact IAG offices today!

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The company operates from a 3,100 square foot facility. 600 square feet is used for office space, and 2,500 square feet is allocated to storage and a production area. The property is owned and included in the sale.
75% repeat clientele.
Negotiable up to: 10.00 %
Support & Training:
Key employees will most likely stay after the sale. The owner will be available for a reasonable transitioning.
Reason for Selling:
Approaching retirement.

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