Oil, Gas & Industrial Electrical Contractor (37524)

Financial & Assets Details

About the Business

Business Description

Purchase Price ranging from $500K to 1 Million! The Company is a specialty trade electrical contractor specializing in Oil & gas (44%), Industrial (36%), Commercial (17%), and Residential (3%) applications. The company focuses on automation controls for commercial buildings, stadium lighting, inspections, power line installations and maintenance services within a 100 mile radius. Totaling 1,800 square feet, which it leases from an entity controlled by Owner. Offering these services requires a Texas Electrical Contractor’s License, facility with offices, a warehouse, a storage yard, and personnel with industry experience. The company has a proven track record supported by 13 years of ongoing business. With its niche range of services, the company’s marketing efforts focus on targeting industrial, commercial and residential clients in East Texas. Last year, the total revenue was $1,009,060 with Seller’s Discretionary Earnings of $155,000, rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Property can be of Optional Purchase.

Support & Training

The owner will be available as needed for a standard transitioning period.

Reason for Selling:

Approaching retirement.