TRANSWORLD BUSINESS ADVISORS OF HOUSTON.
This well-established business started more than 15 years ago and has grown year after year. The business began as a generator sales and installation business and has expanded by adding electrical services. Services include electrical contracting, commercial, residential, new construction, remodels and services. They can provide a total solution to their client's Electrical and technical needs. They are a unique business in their diversification of a wide variety of products they offer. They have a database of high-end clients who are loyal customers. They are associated with several warranty and property management companies that provide a strong source of recurring business that helps to smooth out the seasonality factors. Their excellent safety record stands out in the industry providing cost savings on their insurance. They are a Generac Generator Dealer that handles installation, maintenance, and warranty. They operate out of an 1875-square-foot office warehouse space with reasonable rates of $2251/month. FF&E of $124,000 includes heavy equipment and two vans. With multiple streams of income, recurring revenue, a well-developed system, and a strong customer base, this business is well-positioned for the right buyer. Opportunity to add solar services, solar walls, EV stations, and other peripheral services. The business operates primarily off existing clients and referrals and provides services to not only the entire Houston metro area but also the surrounding cities. Business territory is unlimited leaving significant scalability potential to the new buyer.
- Asking Price:
- $499,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,015,701
- Cash Flow:
- $151,295
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $2,251.30
Square Units (Foot, Meter): 1,875
Lease Expiration Date: March 30, 2024, 10:00:00 PM
- Premises Details:
-
Facilities: Office Warehouse
Business Operation
- Expansion Potential:
-
Substantial growth opportunity exist in the solar products market as well as EV stations. An increase in generator sales, installation, and service would continue to grow the recurring revenue stream. Also, increasing awareness in the public’s need for backup or emergency power would promote tremendous Growth in Generator sales, installation and maintenance. Generators have become the new necessity. Not only in homes, but Commercial businesses, restaurants, gas stations, assisted living facilities. Restaurants, avoid loss of refrigerator inventory, loss of power to gas pumps during emergencies (Hurricane, freeze). Assisted living facilities focus on the safety of its residents.
They can provide a total solutions approach to their clients Electrical and technical needs. They are a unique business in their diversification of a wide variety of products they offer.Additional opportunity- EV (Electric Vehicles) residential, commercial chargers and charging stations. Upward trends in charging infrastructure. The market for electric vehicles has grown rapidly in recent years and will continue to grow exponentially. Possible a strategic partnering with another business to install the EV charging stations at Malls, grocery stores, strip malls. Level -3 charging stations. They would do the buying of the charging stations, we do the Electrical install connecting to the Centerpoint grid.
- Competition / Market:
-
Clients include homeowners throughout Houston and surrounding Metro area as well as commercial customers, large scale school districts remodels, banks, MRI and diagnostic facilities. Opportunity to expand beyond the City and throughout the State.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday - Friday: 8am- 4:30pm
- Employees:
- 7
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Furniture / Fixtures value:
- $124,000 - included in the asking price
- Inventory / Stock value:
- $8,000 - included in the asking price
