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Large, Profitable, and Growing Electrical Contractor for Sale

Suffolk County, NY
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Asking Price:$2,500,000
EBITDA:$1,100,000
Gross Revenue:$4,000,000
Established Year:1998
Listing ID: 2282285Listing provided by BizBuySell
BUSINESS DESCRIPTION

This profitable, growing contractor should easily finish 2024 with a gross of $4 million. Beyond that, it has been growing at on average 17% over the last 3 years. 18 jobsite mechanics/helpers. 8 trucks. This contractor specializes in BIG DEVELOPMENT work. They do some service work, but this is mainly driven by NEW CONSTRUCTION. Owner is willing to stay on in a forward-facing sales/development role. Looking for someone to take over the day to day management and put in place infrastructure to lead to more growth. If we do not do a transaction, the owner is going to scale this business more himself. Company also has an ESTIMATOR on staff which is key.

DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Included in asking price
Real Estate
Leased
Employees
24
Facilities
8 trucks come with the sale as well as a schedule of tools we can provide.
Competition
One of the biggest shops on Long Island.
Growth & Expansion
Plenty of work. Owner will scale up to grow the sales if someone doesn't purchase company.
Support & Training
Owner willing to fully support buyer.
Reason for Selling
He has been doing this long enough. Looking to chill a bit.
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John Murray
Phone Number
John Murray
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