Residential Electrical Repair & Maintenance – Well branded

Waco, TX
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Asking Price:$400,000
Gross Revenue:$1,112,566
Cash Flow:$145,872
Established Year:1994
BUSINESS DESCRIPTION

This iconic 30-year-old company serving McLennan County is ready for a new owner. Sellers are retiring. With consistent revenues over the 1mm threshold, the business has much more opportunity for growth.
There is diversification in services and accounts. Residential services are 65% and commercial accounts are 35% of sales. The owners operate at an executive level with oversight of the tenured staff including an estimator and 6 other staff members.
The U.S. electrical industry is projected to generate $25.4bn in revenue in 2024. The demand for work in this sector is projected to grow faster than the average for all trades in the next 7 years. Services may include (but not limited to): Electrical repairs and maintenance, Generators installations and service, Commercial lighting and lighting retrofit, Residential outdoor lighting, Holiday lighting installation and removal, Low voltage systems, Electric vehicle car charging installs.

Features:
• Needs-based /recession proof
• High scalability
• Sophisticated and streamlined operating platform
• Many service lines/ revenue streams
• Recurring customers
• Superior customer service ranking and referrals
• Ongoing training and support

SBA pre-approved. Owner will support and assist with licensure required and all aspects of transition of ownership.


DETAILED INFORMATION
Location
Waco, TX
Inventory
Included in asking price
Employees
7
Facilities
FF&E included. Contact for complete assets list
Financing
SBA pre-approved
Support & Training
Owner will support and assist with licensure required and all aspects of transition of ownership.
Reason for Selling
The owner is retiring
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Daniel
Baldwin
Baldwin Realty Group
Daniel Baldwin