Long-Established Electrical Contractor with 80-90% Repeat Business
Asking Price: | $4,000,000 |
Gross Revenue: | $6,168,577 |
EBITDA: | $1,122,591 |
Established Year: | 1991 |
Cash Flow: | $1,359,923 |
Inventory: | $85,000 |
FF&E: | $15,000 |
Electrical Contracting Leader with Proven Client Loyalty
This firm is a well-established commercial electrical contractor in New Jersey and New York and offers an amazing opportunity for a master electrician to become their own boss or for an electrical contracting firm to expand their business.
Established in 1991, they offer a wide range of electrical contracting services, including construction, renovation, maintenance, voice data, and fire alarm services. The majority of their work, about 70%, is focused on renovations and conversions. New construction makes up the remaining 30%. About 60% of their work involves supermarkets, while the remainder consists of mixed retail and other commercial projects.
They cater to a range of clients such as developers, retail chains, supermarkets, general contractors, and business owners in Long Island, Nassau, and Suffolk counties.
Their 80-90% repeat business is due to their high level of professionalism. The Seller’s strong ties to the electrical community include leadership roles on various boards. Due to their exceptional work and strong connections, they haven’t needed to compete for projects. As a result, there is a tremendous opportunity for expansion. Besides competing for projects, the Company might consider delving into solar opportunities. Also, they have yet to enter the healthcare and hospital sector.
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Budget Blinds
Available Nationwide
FranchiseCash Required: $84,500