Sold

Reliable Lighting & Electrical Service Business

$400,000

Bexar County, TX

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Gross Revenue

$1,112,007

Owner's Cash Flow

$132,686

Min Down Payment

$40,000

Employees

6 FT, 1 PT

Business Summary

The business is a services-based electrical company founded by the owner in 2007 in Bexar County, Texas. The company primarily serves commercial clients such as retail, office, and warehouse spaces, as well as some residential projects. Roughly 90% of their business is commercial, the remaining 10% is residential. Although the business is involved in both new construction and service projects, they specialize in services, which account for 80% of their revenue. Many of their customers are property management companies with whom they have long standing relationships.

Key Highlights

Year established

2007

Real estate

Leased

Reason for selling

The owner is approaching 70 years old and ready for retirement.

Support and training

The owner is willing to stay on for 6 months to help with the transition.

Broker of Record

John McCleary

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