General Contracting and Electrical Business
Off-MarketLas Vegas, NV
General And Electrical Contracting Business
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$3,500,000
$1,400,000
40.0%
1986
30+ Days
Customers
The company operates throughout Nevada. Project breakdown is 40% commercial and 60% residential.
Customer Acquisition
Work is primarily driven by word of mouth, combined with advertising efforts through Home Depot, Angie's List, and Houzz.
Team
The team consists of 12 people.
Owner's Role
The owner's wife manages the office with an assistant being trained as her replacement. The owner manages the field and is training a field manager to eventually take over operations.
Reason for Selling
The owner is selling the business to pursue a new venture that is consuming more time than expected. He prefers to retain 25% ownership for two reasons: Nevada licensing requirements and personal investment in the buyer's success.
Contracts
All contracts are ongoing relationships based on reputation and performance rather than formal written agreements.
Real Estate
The company rents an office and maintains a storage yard at a separate location. Equipment stored includes a semi truck, flatbed trailers, roll-off dump systems with dumpsters, a 65-foot boom lift, scissor lifts, and single-man lifts.
When Are You Looking to Sell
Within 3-6 months
Licenses Required
Yes
Additional Notes
The company recently launched a new website and adopted Houzz AI technology to generate bids in 15 to 20 minutes instead of 2 to 3 days.
Business ID: 1593
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