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Profitable, Electrical Contractor Business - Collin County For Sale

Collin County, Texas
Asking Price:
$785,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,347,083 (USD)
Cash Flow:
$268,488 (USD)

This is a Plano based high quality electrical contractor that performs residential and commercial work throughout the Dallas-Fort Worth metroplex. Their highly trained, licensed and insured electricians work on large and small projects with the goal of being successful, on time and within budget for each project. This five year old company was founded by a lawyer who also has an electrical license. There is a general manager that runs the daily operations including inventory and scheduling crews. The general manager plans to stay with the company in a sale. There are 6 crews available with 9 company vehicles.

Property information

Location:

6,000 square foot leased commercial space in the Plano area. Current lease expires in September 2018.

Business Operation

Expansion Potential:

A new owner can expand the scope of work through social media platforms, trade publication and networking in the real estate circle of builders, property managers and agents.

Competition / Market:

The electrical contractor field is highly fragmented with 80% of the companies having 10 or less employees. This company is large enough (over 25 employees) to work with select high end home builders, as well as larger commercial projects that require complexity and coordination of work.

Reasons for selling:

Owner is a lawyer and wants to devote more time to his practice.

Trading hours:

Monday-Friday 8am-5pm

Employees:
20 FT/ 6 PT
Years established:
4

Other Information

Support & training:

Will train for 2 weeks @ no cost.
Key services for residential and commercial services include safety inspection, maintenance, outlets and ground fault circuit interrupters, meter base repair/replacement, phone/cable/new appliance outlets, surge protection, LED/green technology, designing/installing lighting system and many other electrical related services. All employees in the field are licensed for electrical work at least as an apprentice.

Furniture / Fixtures value:
$201,409 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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