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Agent Profile

Agent: Christy Treleaven

Main Office: 713-680-1200

Direct Line:

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Listing Profile

IT Installation and Electrical Contractor For Sale in Houston

Listing #: 8069

Houston

Listing Profile
Business Classification:
Service Business
Business Purchase Price:
$500,000
Working Capital:
$0
Real Estate Price:
$0
Total Purchase Investment:
$500,000
Down Payment Required:
$300,000
Gross Revenue:
$541,166
Discretionary Earnings:
$231,708
Imputed Rent:
$0
Total Cash Flow:
$0
Description and Operations
Business Description:

This IT installation company started and grew quickly primarily in response to a few fast-food customers requiring new and upgraded equipment at their corporate and franchised locations. The company experienced $1.8M and $1.67M in sales in each of the first two years, with earnings of $943K-944K each year, respectively. This large roll-out has ended for these particular customers and in 2018, the company is settling in to their regular core business of installing POS systems, drive-thru audio, timer systems and LED lighting/upgrades in fast-food restaurants and other retail businesses. Customer lists include Sonic, McDonalds, Hartz Chicken, Little Caesars, Starbucks, and many others, as well as several national audio, communication & software manufacturers. In addition to their reputation for providing responsive, trained personnel, the firm’s ability to perform the electrical portion of an installation provides added customer benefit and a competitive advantage. Another revenue stream comes from providing maintenance and service on the systems installed by the company and others. While primarily servicing a regional customer base, the firm is expanding nationally. With the addition of an internet presence and an organized sales and marketing effort, the potential to grow this business is unlimited! Seller financing.

Business Established Date:
2015
Reason for Sale:
Focus on other business opportunities
Full Time Employees:
8
Part Time Employees:
0
Facility Type:
1550sf freestanding facility
Monthly Rent
$1,400
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