Electrical Contracting Company #86202122

This business is an electrical contracting company with over 20 years experience in the DFW market. This business prides themselves on being dependable and devoted to their craft, earning them a glowing reputation in the local communities. This business offers residential services from new homes to apartments and condos. They also offer commercial services when it comes to warehouses, retail spaces, office buildings, data centers and much more. This business is a commercial EC with both residential and commercial services, and has performed services for their clients for over 20 years. Their electrical contractors perform repairs and upgrades all across north Texas including over 6 major cities and the surrounding areas. This business would allow a new owner to drastically grow their existing business, or tap into a market with an existing and profitable operation. Location: Texas Year Established: 1999 Number of Employees: 18 Real Estate: Leased Building Sq. Ft.: 2,400 Rent: $2,500.00 Per Month Facilities: This business is currently operating out of a 2,400 SF facility with 5 offices. There is growth potential here for a new buyer to step in and consolidate space in existing operations. Market Outlook/ Competition: • Highly Reputable Brand Image - This business has been offering electrical contracting services in the DFW Metroplex for over 20 years. They pride themselves on being fast and reliable, offering quality workmanship and services which are back with a 100% guarantee. • Extensive General Contractor Relationships- This business has numerous relationships with general contractors all over the Metroplex which pass them projects to bid on. Ownership notes that in order to ensure a smooth transition, they will remain on and help a new owner continue on those relationships with the general contractors. • Well-conditioned Equipment– This business prides themselves on their well -conditioned equipment which has years left on the useful life. Included in the equipment list are 30+ ladders, miscellaneous tools, a Bore Machine, Generators, and an extensive variety of Panels, Lights, Fittings, and Breakers. • Strong Revenue Growth - This company has generated a 35% increase in revenue from 2020-2021 and ownership notes they haver already backlogged 35+ projects for 2022. This business has numerous growth opportunities and a favorable industry outlook for 2022 and beyond. Growth & Expansion: *Strategic marketing Efforts *Projected new home construction increase *Hire additional staff (contractors)