SOLD – S458 – Commercial Electrical Contractor in South Texas

This established Electrical Contractor has enjoyed 15 years of growth and almost 30% last year alone. The business is located on the Texas Gulf Coast and provides service to the surrounding communities. It operates out of a new 4,000 square foot office/warehouse. A well-trained staff is in place with all field crews holding various levels of Texas Electrical Licenses. A project management software system was added a couple of years ago allowing the manager to track jobs, bids, and inventory in real time making this a truly professional operation. It has also allowed the company to accurately bid and win large projects. This has also provided a backlog of work here in 2020, which is helping to provide stability to the business. The current owner is willing to stay for a reasonable transition period and is also willing to provide training to the new owner along with a meaningful non-compete. 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 Doug Scheiding at 210-348-8989 or info@bbofsa.com.