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71191- Residential & Commercial Electrical Contractor

For Sale in Whitehouse, TX

Listing ID: 71191 | Broker Listing ID:

Financial & Assets Details

$1,010,000
$375,000
$75,000
Yes

About the Business

1963
7 FT
Yes

Business Description

20%+ Net income! Servicing East Texas since the 1960s, this full service electrical contractor provides new electrical systems and wire installation for residential and commercial projects. The company primarily installs wire and electrical systems for new residential and commercial construction, as well as for individual business and residential remodeling projects. Offering these services requires certified electricians and journeymen to perform installations and licensed repair work. The company has a proven track record, supported by its long standing business associations and its loyal retail customers over the years. Revenues have been increasing over the past 3 years. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

40% of the company’s revenue derive individual homeowners requiring home remodeling projects. Meanwhile, 30% come from existing business entities, and builders for new construction of residential and commercial projects. 20% of revenues derive from services related to water environments including pools and boathouses, and the last 10% from service calls. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. For more information, contact IAG offices today!

Seller Financing

Negotiable for the right buyer

Location Details:

The company operates from a 3,100 square foot facility. 600 square feet is used for office space, and 2,500 square feet is allocated to storage and a production area. The property is owned and included in the sale.

Support & Training

Key employees will most likely stay after the sale. The owner will be available for a reasonable transitioning.

Listing ID: 71191

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