B2B Specialty Construction with Substantial Growth

Houston, TX
Harris County

Asking Price: Annual Revenue:
$1,700,000 $1,705,617

Services: Construction, Contractors

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RE: B2B Specialty Construction with Substantial Growth Broker: Bobbi Coffey

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,705,617
Net Profit: Not Disclosed
Cash Flow: $308,911
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 882644107
Broker Reference #: 76931-128161

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Business Overview:

The business was founded in 2011 where they focused primarily on landscape lighting. As business evolved, the growing need for commercial properties to convert from traditional lighting to energy efficient and responsible LED lighting, the owner began transitioning the business to commercial and industry retrofits. By 2015, they were doing 100% commercial lighting. With focused marketing the business has averaged over 26% revenue growth since 2016, and 64% growth in profit. With the addition of a full time account manager in the Dallas/Fort Worth area in late 2018, 2019 experienced a 56% increase in revenues and 108% increase in profits. Through pipeline tracking (using Salesforce.com) 2020 is forecasted to hit $3M in revenues, with SDE expected in the range of $517,000 - $667,000.

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Property Features and Assets:

Industrial warehouse As the preferred lighting contractor for Texas, the business services many markets and the projects encompassing a variety of applications. They partner with their clients to assess unique lighting needs, design a custom lighting plan and install cost effective LED products, from parking garage lights to color changing lighting and beyond. Their team has the expertise to deliver high quality energy efficient lighting to illuminate client spaces. Ultimately, they provide turnkey LED lighting design and installation for commercial and industrial properties across Texas.

Market Competition and Expansion:

The commercial segment emerged as one of the leading segments in 2019. The demand for LED troffers, downlights is driving growth of the commercial segment. The high-end commercial lighting market mainly includes galleries, museums, and other exhibition lighting applications that primarily use reflectors, projectors, and downlights. High brightness LED lights is anticipated to witness a high demand from the industrial lighting segment. These lights must comply with industrial lighting standards and regulations defined by various governments. For instance, in the U.S. Occupational Safety and Health Administration (OSHA) has announced a standard for illumination in offices and commercial spaces.

Reason for Selling:

other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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