Suffolk County NY Residential Electrical Acquisition Opportunity

Suffolk County, NY
listing image
Asking Price:$1,050,000
Gross Revenue:$1,046,000
Established Year:2004
Cash Flow:$227,000
EBITDA:$227,000
BUSINESS DESCRIPTION

Brentwood Growth has been retained to represent an established and growing Electrical Services business that provides residential and light commercial services in the Suffolk County, NY region.

Company Profile

The Company is located in Suffolk County, NY and was founded in 2004

Customer base is 95% residential and 5% light commercial

Revenue mix is 68% renovation work, 20% service calls, 10% new construction and 2% generator installation

Serviced 200 unique customers in 2023, the majority repeat customers

The Company is the exclusive electrician for two new home builders in the area

Employs 6 non-union employees with long-tenured, highly capable and motivated employees in key leadership positions

Relies primarily on repeat business and word-of-mouth to generate sales


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,350
Employees
6
Reason for Selling
Owner ready to retire
Report an Issue with this listing
Jamie Weed
logo-img
Jamie Weed