May 6 • General discussion
Just found a Texas business doing ~$21M in annual revenue with a solid 11% adjusted EBITDA margin.
⚡ Specialized in commercial & industrial electrical projects. Let me break down why this one is interesting: 👇
This business is a niche player in water/wastewater construction—big infrastructure, repeat clients, and very few competitors. ✅ 23 years in business ✅ Strong reputation ✅ Master Electrician & Contractor licenses in place
They operate out of a 10,500 sq ft facility (owned by sellers, lease or buy options). Backlog is 🔥 📦 $39M in future projects already signed 💰 $7.5M projected gross profit in backlog
Last 3 years averaged 34% revenue growth 📈 All without any serious marketing. Mostly referrals and repeat business. Imagine what happens if you plug in sales & digital outreach?
The company runs lean: 🧑🔧 47 non-union employees 💸 Labor is cost-effective (most under $40/hr) 🏗️ Key managers paid ~$130K 🧠 Systems are in place, owners willing to stay short-term
Here’s the last few years financially: 2021 EBITDA: $1.7M 2022 (messy year): $986K 2023: $2.3M 2024F: $2.2M (steady)
✅ Payroll normalized ✅ Strong cash flow ✅ Seller’s Discretionary Earnings > $2.6M 🧮 SBA-qualified if you’ve got 20% down
Now, some real talk: 🚩 Top 3 clients = 92% of revenue 🚩 No formal long-term contracts 🚩 Internal bookkeeping, no CPA-reviewed financials But—big upside if you bring ops discipline & BD muscle.
Texas infrastructure spending is on the rise. Electrical services in wastewater, EV charging, and smart grid installs are booming. This business is sitting right in the middle of it.
Asking price not shared publicly yet—DM me and I’ll send the IM. Whether you’re a strategic buyer, PE firm, or operator ready to scale, this could be your platform.
Want the full info? DM me "electric" and I’ll send the full package your way
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Just found a Texas business doing ~$21M in annual revenue with a solid 11% adjusted EBITDA margin.
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