High Margin Electrical Business With License
Not Disclosed, TX Hays County
Hays County
Seller's Contact Information
- RE: High Margin Electrical Business With License
- Contact: John McCleary
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $2,097,579 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $666,234 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 8 | |
| BBN Listing #: | 943881 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The company has settled primarily into mid-high end residential and continued with small electrical utility work. The company also picks up small commercial projects. Service works remains a steady flow of work, with hundreds of local customers, both residential and commercial.
The majority of the business is residential work. A third of the revenue comes from remodels, while about two-thirds comes from new construction. This business is located in a great area just outside of the Austin metro.
No electrical license is required of a buyer, as multiple employees are within testing range for their Master license. This is a great add-on for an HVAC or plumbing company.
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Property Features and Assets:
The facilities consist of a 1,400 square feet warehouse, a 600 square feet office space, and a 600 square feet loft space. In April of 2024 begins a new 2 year lease at $2,000 / month. The current owners are willing to help negotiate with the landlord a longterm lease.
Market Competition and Expansion:
The company is based in a fast-growing town just outside of the Austin metro area. While there are other electricians in the area, this company has built a great relationship with local builders and customers in the area. The company prides themselves on their hard work, high quality, experience, and knowledge in the trade.
Nestled between Austin and San Antonio, a buyer could expand further into either of these geographic areas. This is a great add-on opportunity for an existing HVAC or Plumbing company in the area.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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