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Well Established Electrical Contracting Business For Sale

Lubbock County, Texas
Asking Price:
$975,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,836,746 (USD)
Cash Flow:
$307,959 (USD)

Murphy Business and Financial Corporation is pleased to present a well established, profitable electrical contracting business for sale in West Texas. This business is an opportunity for an owner- operator or a related industry business. With more than 19 years of service, this company has an outstanding reputation for quality and professionalism, and long standing accounts with both residential and commercial accounts in the West Texas area. The business is a profitable, contracting and service company for residential, commercial, agricultural customers and light industrial work.

Property information

Real Estate:

Real Property Included

Premises Details:

Located in a rapidly expanding West Texas city, all business and services are currently run from an office with more than 3,600 Sq. Ft of building space in approximately 29,000 Sq. Ft. of fenced land.

Business Operation

Expansion Potential:

Business has potential for growth by targeting larger commercial projects through-out the community. Stronger advertising and promotion to commercial and residential electrical needs to create new customer clientele.

Competition / Market:

Lubbock has a reasonable competition in the Electrical contracting as compared to other cities of the same size but the high growth of the city gives the electrical contracting business a strong demand in today's economy.

Reasons for selling:

Owner is ready to retire.

Trading hours:

Monday-Friday 8am-5pm

Employees:
12 FT
Years established:
19

Other Information

Support & training:

Will train for 2 weeks @ no cost.
Business can operate under a single owner/operator with industry experience or expertise. Owner may operate under general manager with a master's electrical license and focus on growth in new accounts or other areas of the business structure. A master's electrician license is required to operate under this business. Several key employees have or are ready to have their master's license.

Financing available:

Lender pre-screened w/ $226,000 down.

Furniture / Fixtures value:
$234,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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