Full Service Electrical & Storage Facility For Sale
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $510000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1996
Number of Employees 10 - 19
Inventory 500000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner has agreed to remain for a reasonable transition period. The staff will most likely stay on after the sale. There are also 10 contractors who will be available. All equipment, machinery, inventory and 10 vehicles are included in the sale.
Reason for Sale Retirement.
Description This electrical business offers a variety of complementary products and services. They provide full electrical services in addition to HVAC products and repair. This fine business also retails quality Urethane foam products. They are an independent dealer servicing all makes and models of heating and cooling systems. On top of that, they're there for all their client's electrical needs. One of their newest and hottest services is wind and solar system installations. Finally, their facility is equipped with a storage facility including 100 storage units which continues to provide a steady income for the business.
Originally conceived in 1985, this well managed company with its team of employees has seen the ups and downs of the market over the years. Valuable experience, strong relationships with clients, and an efficient system is the outcome of hard work and dedication to the company. A substantial list of clientele with permanent contracts provides financial security as does the month by month income from storage services. Offering a variety of services has allowed the company to remain versatile and profitable. The current owner is ready to retire and would like to see the business passed into capable hands. This business is priced to sell at $1,100,000, don't miss this opportunity!
The 2 acre property includes one building and a brand new storage facility both built in 2008. Still in excellent condition, the structures can be seen from the nearby major highway. Though the business is not relocatable, it is not likely a new owner would find a better spot. Also the building could be expanded for further product retail. Valued at $800k, the building is owned with option to purchase or lease.
The business efforts are focused on electrical services, HVAC retail and maintenance, urethane foam products retail, wind and solar installations and storage services.
Storage Units $500,000
Electric Service @ $600,000
or both together @ $1,100,000.
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