Bison Business LLC (“we,” “our,” “us”) will be furnishing you confidential information pertaining to one or more businesses we represent (“the Business”). As consideration for obtaining this information including but not limited to a confidential business review (CBR), financial documents, employee information and other trade secrets, you agree that:
All verbal or written information furnished to you pertaining to the Business will be confidential. For a period of five years from the signing date, you will not use this information to compete against the Business, nor will you disclose it to any person(s) or entity(ies) other than those assisting you in its evaluation for the sole purpose of your potential acquisition.
Unless we agree otherwise in writing, you will not contact the Seller, nor will you contact any of the Business’s employees.
If you decide that you do not wish to pursue an acquisition, you will advise us of this, return all information furnished to you, and delete all electronic copies.
If you negotiate with the Seller to purchase or lease the Business or its Assets without our involvement, you will be responsible for paying our full commission and associated damages.
You acknowledge that we represent the Seller, and that all information concerning Seller’s Business and Assets, whether furnished before or after the execution of this Agreement, was and is supplied by Seller to us, and that we have not made nor do make any warranty or representation as to the genuineness, accuracy, and truthfulness of any and all information of the Business. Bison Business makes no guarantees regarding the future value of the Business, and acts merely as a conduit for information between Seller and you.
This business is a prominent 37+ year electrical contractor in the greater Houston area. The company is known for reliably performing residential and commercial new construction, remodels, and service work. Additionally, the company sells, installs, and maintains Generac Generators. Plus, due to the high demand for electric car charging stations and in conjunction with an area car dealership, the company started installing electric vehicle charging stations.
This is a financially sound organization, growing (on average) revenue and adjusted profit 22% year-over-year for the last four years. Their new EV charging station product is slated to double in growth year-over-year, with a new owner able to net $3.6K per day on installations. This growth is expected to continue as consumers need electrical contractors to install charging stations for electric vehicles.
The business has a clientele base of recurring and new customers, including general contractors and franchisees; with the retention of their top 10 customers averaging 7 years. Their customers are loyal, reliable, and appreciate quality work.
This sale is perfect for an existing shop looking to increase their customer book or service territory, or an individual with business experience that can manage operations. Additionally, there is an option for the new owner to purchase the real estate associated with the company if they so choose.