Please ensure Javascript is enabled for purposes of website accessibility Specialty B2B Construction Company in Texas | Mark Foege | Transworld Business Advisors

Specialty B2B Construction Company in Texas

Listing Number: 76931-128161

Description

SBA Pre-Qualified with reliable lender! The business was founded in 2011 where they focused primarily on landscape lighting. As business evolved, the growing need for commercial properties to convert from traditional lighting to energy efficient and responsible LED lighting, the owner began transitioning the business to commercial and industry retrofits. By 2015, they were doing 100% commercial lighting. With focused marketing the business has averaged over 26% revenue growth since 2016, and 64% growth in profit. With the addition of a full time account manager in the Dallas/Fort Worth area in late 2018, 2019 experienced a 56% increase in revenues and 108% increase in profits. Through pipeline tracking (using Salesforce.com) 2020 was forecasted to hit $3M in revenues, with SDE expected in the range of $500k+. Although they remained operational all of 2020, COVID caused some project delays and supply chain challenges earlier in the year, but business still had excellent results and is very recession resistant. 2020 ended with over $300k SDE, and 2021 is expected to meet original targets forecasted for 2020.

Listing Details

  • Price: $1,700,000
  • Down Payment: $1,700,000
  • Sellers Discretionary Earnings: $308,911
  • Total Sales: $1,705,617
  • Location: Harris County, Texas

  • Inventory: $0
  • FF&E: $5,000
  • Employees: 3
  • Reason for Selling: Other business interest
  • Category: Construction
Specialty B2B Construction Company in Texas

Contact Agent:

Mark Foege
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