Trusted Electrical Contractor Offering All Service

Business Overview:

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-766964

This well-established business started more than 15 years ago and has grown year after year. The business began as a generator sales and installation business and has expanded by adding electrical services. Services include electrical contracting, commercial, residential, new construction, remodels and services. They can provide a total solutions approach to their clients Electrical and technical needs. They are a unique business in their diversification of a wide variety of products they offer. They have a database of high end clients who are loyal customers. They are associated with several warranty and property management companies that provide a strong source of recurring business that helps to smooth out the seasonality factors. Their excellent safety record stands out in the industry providing cost savings on their insurance. They are a Generac Generator Dealer that handles installation, maintenance, and warranty. They operate out of an 1875 square feet office warehouse space with reasonable rates of $2251/month. FF&E of $124,000 includes heavy equipment and two vans. With multiple streams of income, recurring revenue, a well-developed system, and a strong customer base, this business is well positioned for the right buyer. Opportunity to add solar services, solar walls, EV stations, and other peripheral services. Business operated primarily off existing clients and referrals and provides services to not only the entire Houston metro area, but also the surrounding cities. Business territory is unlimited leaving significant scalability potential to the new buyer.

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Property Features and Assets:

Monthly Rent: $2,251.30 Square Units (Foot, Meter): 1,875 Lease Expiration Date: March 30, 2024, 10:00:00 PM Facilities: Office Warehouse

Market Competition and Expansion:

Competition: Clients include homeowners throughout Houston and surrounding Metro area as well as commercial customers, large scale school districts remodels, banks, MRI and diagnostic facilities. Opportunity to expand beyond the City and throughout the State.

 

Expansion: Substantial growth opportunity exist in the solar products market as well as EV stations. An increase in generator sales, installation, and service would continue to grow the recurring revenue stream. Also, increasing awareness in the public’s need for backup or emergency power would promote tremendous Growth in Generator sales, installation and maintenance. Generators have become the new necessity. Not only in homes, but Commercial businesses, restaurants, gas stations, assisted living facilities.

Reason for Selling:

Retirement

Additional Details:

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