UA-80176035-1

B2B Specialty Construction with Substantial Growth & Future

Listing Number: 76931-128161

Description

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 is forecasted to hit $3M in revenues, with SDE expected in the range of $517k-667k.

Listing Details

  • Price: $2,000,000
  • Down Payment: $2,000,000
  • Sellers Discretionary Earnings: $460,115
  • Total Sales: $2,158,610
  • Location: Harris County, Texas

  • Inventory: $0
  • FF&E: $5,000
  • Employees: 3
  • Reason for Selling: Other business interest
  • Category: Construction
B2B Specialty Construction with Substantial Growth & Future

Business Listed By:

Bobbi Coffey