37529-Specialty Trade Electrical Contractor

TX

Seller Financing Available
37529-Specialty Trade Electrical Contractor
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Asking Price: $489,000

Cash Flow: $55,000

Gross Revenue: $391,042

EBITDA: N/A

FF&E: $291,000

Inventory: $20,000

Established: 1981

37529-Specialty Trade Electrical Contractor

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Business Description

The company is a specialty trade contractor offering electrical contracting services for residential and commercial applications. Primary services include electrical service changeouts and parking lot lighting projects. Included in the asking price are two facilities, a commercial storage facility valued at $14,000 and an 1828 sq. ft. commercial office building with 3 shipping containers valued at $40,000. Offering these services requires a Master Electrician License, Electrical and General Contracting Licenses, a facility with equipment and personnel with industry experience. The company has a proven track record supported by over 35 years of ongoing business. With its broad range of services, marketing efforts focus on targeting residential customers and commercial enterprises within a 60-mile radius of Wichita County. Revenues have been increasing over the past five years due to an improving local economy. Last year, the company’s total revenue was $391,042 with Seller’s Discretionary Earnings of $56,000 rounded.

Detailed Information

Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner's available for a standard transitioning period up to one year.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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