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37529-Specialty Trade Electrical Contractor

For Sale in TX

Listing ID: 37529-Specialty Trade Electrical Contractor | Broker Listing ID:

Financial & Assets Details

$391,042
$55,000
$291,000
$19,999
Yes
$54,000

About the Business

1981
3
Yes

Business Description

All-inclusive with property and assets! Specialty trade contracting business offers electrical services for residential and commercial applications, including its popular primary commissions of changeouts and parking lot lighting projects. Fully qualified behind a Master Electrician License, Electrical and General Contracting Licenses, as well as facilities with equipment and experienced industry personnel; the company has a proven track record supported by over 35 years of ongoing business. Within the asking price are two facilities storing equipment and an inventory of $20,000, mostly copper wire. Located only two blocks from a major thoroughfare and valued at $40,000, the first lot has a commercial office building and three shipping containers (valued at $9,000.) Valued at $15,000, the next door lot contains a vacant house and is included as well. With its broad range of quality services, and marketing efforts focusing on targeting residential customers and commercial enterprises within a 60-mile radius of Wichita County, revenues have been increasing over the past five years due to an improving local economy and word-of-mouth referrals. In 2018, the company’s total revenues were about $390,000 with Seller’s Discretionary Earnings of $55,000 rounded.

Seller Financing

Negotiable for the right buyer

Support & Training

The owner's available for a standard transitioning period up to one year.

Reason for Selling:

Approaching retirement

Listing ID: 37529-Specialty Trade Electrical Contractor

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