Under Contract
Under Contract
High Margin Electrical Business with License
$1,500,000
Austin Metro, TX
This business is under contract. Subscribe to our Listing Alerts for early access to new listings.
Gross Revenue
$2,097,579
Owner's Cash Flow
$666,234
Min Down Payment
$150,000
Employees
8 FT
Business Summary
This is an electrical contracting business, primarily focused on residential homes. The company was founded in 1993, and the owner is now looking to retire. No electrical license is required of a buyer, as multiple employees are able to test out for their Master license within the next 3 - 6 months. This is a great add-on for an HVAC or plumbing company.
Key Highlights
Year established
1993
Real estate
Leased
Reason for selling
Retirement
Support and training
3 - 12 months.
Content Locked
Provide your information to immediately see consolidated financials.
Consolidated Cashflow
To see all the financial data including a break down of the owner's salary and add-backs, request access to the confidential information
2020 | 2021 | 2022 | |
---|---|---|---|
Gross Revenue | $8,371 | $2,884 | $6,842 |
COGS | $7,355 | $14 | $2,777 |
Gross Income | $1,016 | $2,870 | $4,065 |
Operating Expenses | $6,629 | $3,204 | $1,297 |
Operating Incomes | ($5,613) | ($334) | $2,768 |
Net Other Income (Expenses) | ($1,802) | ($6,985) | ($7,977) |
Net Income | ($7,415) | ($7,319) | ($5,209) |
Interest | $2,159 | $5,110 | $7,565 |
Depreciation | $3,033 | $9,950 | $1,927 |
Amortization | $7,863 | $5,715 | $6,672 |
EBITDA | $5,640 | $13,456 | $10,955 |
Add-backs | $53,679 | $61,645 | $72,233 |
Owner's Cash Flow | $59,319 | $75,101 | $83,188 |
Content Locked
Provide your information to immediately gain access to our projection model for this listing.