MergerPlace

Well Est Electrical Contracting Business

Texas (Lubbock)


  • Asking Price: $975,000
  • Gross Income: $1,836,746
  • Cash Flow: $307,959
  • Real Estate: $235,000
  • Inventory: $4,000
  • FF&E: $234,000
  • Listing ID: #199317
  • Established: 1998
  • Employees: 12 FT

Business Description

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.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Texas
County: Lubbock

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 12 FT

Financial Information

Asking Price: $975,000
Gross Revenue: $1,836,746
Cash Flow: $307,959
FF&E: $234,000
Inventory: $4,000
Real Estate: $235,000
Seller Financing Available: No

Property Information

Facilities:

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.

Growth & expansion opportunities:

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:

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.

Reason for selling:

Owner is ready to retire.

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.

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Business Listed By:

David Powell

Murphy Business Brokers