Established Commercial Electrical Contractor in NYC
New York City

This established New York City-based electrical contracting company brings 50+ years of industry experience serving commercial and institutional customers throughout the market.

- 50+ years of established operating history
- Comprehensive electrical installation, repair, and maintenance services
- Experience with commercial construction and infrastructure projects
- Serves a diverse base of commercial and institutional customers
- Longstanding presence in the New York metropolitan market
- Experienced workforce with established industry relationships
- Revenue opportunities from both ongoing service work and larger projects
- Broad capabilities that support multiple types of electrical contracting work

The business provides a strong platform for an existing electrical or construction company seeking expansion or a qualified buyer looking to acquire an established operation with decades of industry experience.

Listing Number:

25915

Category:

Construction

Location:

New York City
$5,900,000

Financial Information:

Gross Revenue:

$6,387,437

Listed Price:

$5,900,000

Down Payment:

$4,720,000

Total Income:

$1,324,830

Year Established:

1973

Lease Information:

Square Feet:

1730

Total Rent:

$5,000

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

17

Part-Time Employees:

0

Special Licence Required:

Yes- master electrical license, fire alarm license

Contract Staff:

0

Training Period:

6 weeks

Reason for Selling:

Retirement.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Juliet Carafello
License #:

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Established Commercial Electrical Contractor in NYC
New York City

Listing Number:

25915

Category:

Construction

Location:

New York City

Listed Price:

$5,900,000
brokerPhoto
Juliet Carafello
License #:

This established New York City-based electrical contracting company brings 50+ years of industry experience serving commercial and institutional customers throughout the market.

- 50+ years of established operating history
- Comprehensive electrical installation, repair, and maintenance services
- Experience with commercial construction and infrastructure projects
- Serves a diverse base of commercial and institutional customers
- Longstanding presence in the New York metropolitan market
- Experienced workforce with established industry relationships
- Revenue opportunities from both ongoing service work and larger projects
- Broad capabilities that support multiple types of electrical contracting work

The business provides a strong platform for an existing electrical or construction company seeking expansion or a qualified buyer looking to acquire an established operation with decades of industry experience.

Financial Information

Gross Revenue:

$6,387,437

Listed Price:

$5,900,000

Down Payment:

$4,720,000

Total Income:

$1,324,830

Year Established:

1973

Lease Information

Square Feet:

1730

Total Rent:

$5,000

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

17

Part-Time Employees:

0

Special License Required:

Yes- master electrical license, fire alarm license

Contract Staff:

0

Training Period:

6 weeks

Reason for Selling:

Retirement.

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.