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Texas Based Electrical Contractor In Austin For Sale

Austin, Texas
Freehold Price:
On request
Lease Asking Price:
On request (USD)
Sales Revenue:
$5,215,000 (USD)
Cash Flow:
$654,000 (USD)

An electrical contractor that provides turnkey hardwire installation services to custom and production tract-home builders.

Key aspects
· Strong long-term relationships
· Top four largest residential electrical contractors in the Austin, Texas area, per client
· Completed over 10,000 wiring projects since inception
· Excellent reputation in the industry
· Multiple offices in central Texas to better serve customers in smaller cities near headquarters
· Proprietary custom bid estimating software program

Opportunities
· Continue growth into other large cities
· Expand services to include multi-family residence projects
· Diversify service offerings to include security, service, maintenance and lighting packages
· Expand customer base to include homeowners
· Hire additional support to increase project capacity

Headquartered
· Austin, Texas

Current markets
· The company serves production tract and custom homebuilders in the greater Austin, Texas area. This includes Leander, San Marcos, Bastrop, and Marble Falls, Texas.

Real estate
· The Company owns a 10,000 square foot facility in Austin, Texas. An unrelated third-party tenant will lease 1,675 square feet that started on August 1st, 2018. The Company will use the remaining 8,325 square feet for their operations. The company also leases a second facility used as a satellite office for business in North Austin from an unrelated third party.

Shareholder/owner objectives
· Ownership will consider exploring different deal structures.
· One owner would like to remain with the business after the sale for a transition period of up to three years. The other owner can leave immediately after the sale and would not need to be replaced.

Property information

Real Estate:

Available as lease or with real property included

Other Information

Lease asking price:
On request (USD)

Contact Information

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