S458B – Electrical Contractor with Lighting S

Texas Resort Town Electrical Contractor with Lighting Showroom

Location

City Gulfcoast
State TX
County

Financial Information

Asking Price $750,000 Show Loan Calculator
Down Payment
Annual Receipts $2,378,000 (TTM 12 mo)
Cash Flow $285,000 (TTM 12 mo)

General Information

Description Outstanding Income. Outstanding Lifestyle. It�s rare an opportunity comes along offering both. This established Electrical Contractor has enjoyed 14 years of continuous growth! A well-trained staff is in place with all field crews holding some level of Texas Electrical Licenses. Sales exceeded $2.1M in 2018 and are on target to exceed $2.4M in 2019. Owner�s Cash Flow was $242k in 2018 and could be double that in 2019. The business is located in a resort community on the Texas Gulf Coast. It operates out of a new 4,000 square foot office/warehouse and recently added a lighting showroom. An inventory management system was added last year allowing the manager to track jobs, bids and inventory in real time making this a truly professional operation. The current owner is willing to stay for a reasonable transition period and is also willing to provide training to the new owner. Long term licensing support from current owner is available if the new owner does not have his or her own Master Electrician�s License. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer at 210-348-8989 or info@bbofsa.com.
Reason For Sale Retirement
Franchise No
Home Based No
Relocatable No
Year Established 2005
Year Acquired
Employees 19 FT 0 PT

Building Information

Building Sq. Footage 4,012 sq ft
Monthly Rent $3,000 /mo.
Real Estate Available No

Contact Business Brokers of San Antonio for more information.