Electrical Contracting Business in Houston Est. Over 40 Years

Houston, TX (Harris County)

Business Profile
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Asking Price: Get Financing: $295,000

Cash Flow: $128,625

Gross Revenue: $1,021,091

EBITDA: N/A

FF&E: $128,225

Inventory: N/A

Real Estate: N/A

Established: N/A

Electrical Contracting Business in Houston Est. Over 40 Years

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Business Description

This highly regarded electrical contracting company has been providing service to satisfied Houston customers for over 40 years. Approximately 70% of the revenues are from residential customers and 30% from commercial customers. Residential services include emergency repair, panel upgrade, ceiling fans, generator packages and electrical remodeling. Commercial services include work on new construction, design/builds and retrofits. Three fully equipped, wrapped service vans. Two Journeyman/Apprentice teams perform the field work. Loyal, highly experienced Journeymen have been with the company for many years. Most business comes from referrals and word-of-mouth. Great online reviews. Large customer data base with over 20,000 accounts. Owner works 20-30 hours per week estimating and ordering material. The 2018 numbers are down because of the loss of two electricians caused by unforeseen circumstances. Seller will explain. Revenues can quickly return to and exceed previous years’ levels by hiring a new two-man team and having an owner fully focused on the business. Great opportunity for an electrician that wants their own business or for an electrical contractor to expand its service area. Please refer to CBB Listing #8123FS

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Detailed Information

Real Estate:
Owned
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4800sf freestanding facility on 44,514sf of land
Growth & Expansion:
Hire another journeyman/apprentice team. Increase marketing. Better utilize the customer database.
Support & Training:
Seller will train
Reason for Selling:
Seller is pursuing other business interests and cannot spend full time on this c
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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