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Profitable Commercial Electrical Contractor - Public and Private work

Westchester County, NY
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Asking Price:$3,500,000
Gross Revenue:$6,450,000
FF&E:$100,000
Cash Flow:$1,060,000
EBITDA:$1,060,000
Established Year:1980
Listing ID: 2182735Listing provided by BizBuySell
BUSINESS DESCRIPTION

B2B Commercial Electrician For You

Founded in 1980, this commercial electrical contracting business has built a highly profitable and reputable business within the Tri-State area. Primarily operating in Westchester County, Putnam County and the Hudson Valley region. Current office location is inside of a municipal building which has allowed them to build an incredibly strong name for itself which has lead to multiple large, long-term contracts for commercial electrical services.

DETAILED INFORMATION
Location
Westchester County, NY
Inventory
Included in asking price
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a municipal facility housing an office and 14 company vehicles from vans to bucket trucks
Competition
This is a quickly growing and expanding market with an expected 3.94% growth rate over the next 4 years according to Arizton Advisory and Intelligence.
Growth & Expansion
It is an expanding market with substantial growth opportunity. Multiple reoccurring, annual contacts with $4.7 million in work scheduled out into 2024.
Financing
N/A
Support & Training
Owners will to provide 2 weeks training at 20 hours per week.
Reason for Selling
Retirement
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Anthony
Tarricone
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Anthony Tarricone
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