Highly Successful Electrical Company N / NW Houston Metro Area
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Listing: # 8346
Price: $ 1,200,000
Location: NW Houston
Listing Profile
Classification: |
Service Business |
Purchase Price: | $1,200,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $1,200,000 |
Down Payment Required: | $180,000 |
Gross Revenue: | $1,587,106 |
Discretionary Earnings: | $511,677 |
Imputed Rent: | $0 |
Total Cash Flow: | $ |
Description and Operations
Established Date: | 2000 |
Monthly Rent: | $190 |
Reason for Sale: | Retirement |
Employees(Full): | 6 |
Employees(P/T): | 0 |
Reason for Sale:
Retirement
Description:
This highly successful and skilled professional electrician firm specializes in mid – high end custom home electrical design and installation for custom homes and pool construction in the North/Northwest Houston metro area. They have a very exclusive group of high-end custom home builders that rely on them to ensure the proper design, functioning of electrical wiring, fixtures and equipment. A small portion of their business is from high wealth individuals. 100% of business is from referral/reputation. Huge additional potential if new buyer advertised. This company has been in business for 24 years and started out doing all types of residential electrical, quickly moved to high-end custom home builders and over the years has come to focus on a select group of high-end custom home builders which is highly profitable business, a few other smaller builders and upper income individuals. They have exclusive business with these builders and do not bid against competitors to get the projects. They have experience in projects that span from 2,500sf – 25,000sf consisting of lighting control systems, knowledge of electrical concepts, load analysis, etc. Covid increased their revenues, and they’ve maintained it and actually grown ever since. This business has a reputation for creativity, experience and quality work and includes a highly qualified team of electricians with years of experience working with custom home builders and residential clients. 2 Trailers, 2 Trucks and a Jeep are included in the sale (all are late models). Seller will be available for extended training, transition, consultation, and temporary use of master electrician license. SBA Financing available.
Contact Marcia Bowron