Multifacete Electrical Contractor (specialized in oil & gas)

Texas

Seller Financing Available

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Asking Price:$600,000
Gross Revenue:$1,441,000
EBITDA:$367,000
Real Estate:$2,403,000
Cash Flow:$532,000
Inventory:$180,000
FF&E:$368,000
Established Year:1994
ASSET SALES DESCRIPTION

A reputable and well-established company specializing in the design and construction of fluid handling systems. The Target company's core competencies lie in serving the dynamic needs of the oil and gas industry, but the Target company is poised for strategic expansion into other sectors. Target company's team comprises 5 full time and 1 part-time professional, ensuring a wealth of talent and experience. The seller assumes the pivotal role of GM of Operations overseeing the entire project lifecycle, from bidding and negotiation to execution and supervision. The Target company is considered a trusted partner in delivering innovative solutions, such as fluid handling systems. Second in command can run all operations independently in support of an acauisition.


DETAILED INFORMATION
Location
Texas
Real Estate
Owned
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Long term rent agreement may be available with owner of property.
Competition
The company is unique in their ability to consistently deliver quality services that meet clients expectations. Company has a flawless safety record and seperates themselves from competition on quality of work, performance, and safety.
Growth & Expansion
Company growth is dependent only on the new buyer's ability to contract larger business opportunities. Seller is interested in retiring and has been selective on business opportunities.
Support & Training
The owner has prepared the details from cradle to grave on the full cycle of the operation. Owner will provide 3 months for the transfer of the business continuing the use of his electrical license. The license and the owner will be available for continuation of services for a contracted fee.
Reason for Selling
Retiring
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Art Goodwin
Innovation TVA
Art Goodwin