Profitable Electrical Contracting Co.: $300k+ Cash

Austin, TX
Travis County

Asking Price: Annual Revenue:
$900,000 $2,706,991

Services: Construction, Contractors

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RE: Profitable Electrical Contracting Co.: $300k+ Cash Broker: Greg Knox
Owner Financing is Available!
The owner will consider some financing for a well-qualified buyer.

Quick Facts

Asking Price: $900,000
Annual Revenue: $2,706,991
Net Profit: $302,765
Cash Flow: $302,765
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 27
BBN Listing #: 354246576
Broker Reference #: ElectContr

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Business Overview:

This established, profitable, commercial electrical contracting business has a long history in the Austin area. Projects include tenant finishes, new commercial construction and industrial contracting work. The business has a large customer base and a solid reputation in this sector. This business is very consistent, with a lengthy history. The business finished with $2.7 million in revenue and $302,765 in Seller’s Discretionary Earnings (SDE), respectively in 2017. The business and its brand could be scaled to different parts of Texas on a relatively inexpensive basis. The owner has also successfully built the team around the business, allowing the next owner to focus on strategy. The owner generally works 30-40 hours/week.

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Property Features and Assets:

The business leases its facility. It is an office space. The business could also be relocated to a different spot in Austin without much difficulty.

Market Competition and Expansion:

While there are others in the commercial, electrical contracting industry, this business has a lengthy history of satisfied customers, quality projects, and an outstanding reputation. The business occupies a strategic niche in the commercial market segment. The current owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owner wants to retire, this presents an opportunity for the next owner. The current owner has a solid support staff.

Reason for Selling:

The owner wishes to retire.

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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