Commercial Electrical Company in NYC

Queens, NY
Queens County


Asking Price: Annual Revenue:
$3,735,000 $12,414,195

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Commercial Electrical Company in NYC Broker: Cortney Sells

Quick Facts

Asking Price: $3,735,000
Annual Revenue: $12,414,195
Net Profit: Not Disclosed
Cash Flow: $933,667
Total Debt: Not Disclosed
FF&E: $354,600
Real Estate: Not Disclosed
Year Established: 1993
Employees: 25
BBN Listing #: 568534398
Broker Reference #: TRA034

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Business Overview:

This New York electrical company has been in business for almost 30 years! They provide quality work at a more competitive price than its competitors. The companies experience enables it to tackle small projects with the same level of commitment given to larger projects. This company has 4 office personnel specializing in different areas such as operations, sales, and clients. The company also has 1 outsourced CFO, as well as 20 electricians staffed. They service the 5 burrows of New York City which includes the Bronx, Brooklyn, Manhattan, Queens, and Staten Island.

This company offers a large variety of electrical services. These services include lighting, power, access control, fire alarms, analytics, system installation, and security systems. This business specializes in establishing BIM contracts for clients using industry-based software. Using these tools make the design and installation of electrical projects more efficient and cost effective. Current work includes working with electrical contractors and large company buildings. This company has also worked with transportation businesses specializing in rail, bus, and elevator services.

With a down payment of $373,500, a buyer can expect a 95% return on investment in the first year after debt payments! This company is dedicated to providing quality and reliable electric work to its clients. Due to the fact that is company has been in business for almost 30 years, a majority of their clients are repeat or referrals. This electric company is ready to leave a new owner with an experienced crew and client base that will continue its effective work and legacy.

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Property Features and Assets:

Vehicles: $60,480.54; Equipment: $249,131.31; Intangible Assets: Website, client list, client relations.

Reason for Selling:

Retirement Planning.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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