Industrial Electrical & Automation Company! (37814)

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$2,500,000
Revenue
$4,800,000
Business Description

Situated in West Texas, this comprehensive turnkey company implements industrial automation controls and provides electrical and construction services to industrial clients with a focus on the agricultural market. Thanks to an outstanding reputation and experience, business radius extends from Texas & Oklahoma to the west including Kansas, New Mexico, Nebraska, California, Utah & Arizona, just to name a few. Based on an independent evaluation, sales are in an upward trend, along with profit margins. The 2020 revenues were at $4.8 Million with Seller’s Discretionary Earnings over $800,000 and 2021 is approaching $5,000,000 in sales, keeping the strong profits around 15%. With client and project diversity, the company has flexibility for strategic optimizations and further growth throughout various industries. Experienced personnel of 26 nonunion employees are most likely to remain post-sale and streamline daily operations after the standard transitioning, up to 12 months to acclimate new ownership. Marketing efforts focus on referrals from their large and returning customer base through superior, quality and long-term support level services. Using their website and social media for self-promotion would be a great growth opportunity. Sitting atop thirty acres of land, the leased building measures 3,300 square feet that comes complete with an administrative office, fabrication areas, and workshop space. The prime location has no zoning restrictions, great for expansion and features warehousing for inventory handling as well as storage yards for vehicles and parking has room for growth. Location: Texas Year Established: 2016 Number of Employees: 26 nonunion. Facilities: Property measuring 3,300+/- square feet is Leased.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 hours ago

Views: 5

Favorites: 0