Electrical Contractor

Not Disclosed, NJ
Middlesex County

Active commercial area.


Asking Price: Annual Revenue:
Not Disclosed $4,000,000

Services: Construction, Contractors


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RE: Electrical Contractor Broker: Customer Service
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,000,000
Net Profit: $775,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 22
BBN Listing #: 77633909
Broker Reference #: CONST133

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Business Overview:

Extraordinarily successful licensed Electrical Company, founded in 2004, as a full service electrical contracting firm specializing in the installation and maintenance of electrical systems for Commercial, Industrial, Governmental, Institutional Facilities and Residential Homes throughout the State of New Jersey. The company gross sales $2,834,364 for 2020, and the 2021 gross income was $3,200,000. The 2022 gross yearly sales are projected at $4,000,000 and a consistent net yearly income of approximately $750,000 to the owner operator.
The company’s income consists of 70% residential and 50% of the work represents yearly contracts with their various customers. This business opportunity continues to provide innovative and cost-effective electrical expertise to owners, contractors, architects, and engineers in both the design/build and competitive bid markets. Their extensive Project Portfolio shows their diversity and their commitment to quality and excellence is the cornerstone of their existence.

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Property Features and Assets:

The business is located in a fully upgraded modern commercial facility consisting of two buildings consisting of 1,800 square foot administrative offices and an 1,800 building for storage. The business location consists of a commercial use, on a county road and near to various highways.

Market Competition and Expansion:

Due to the specific type of industry there appears to be a limited number of competitors regarding this particular business transaction. Also, to the best of our knowledge, no other new competitors are expected near to this business and the owner have agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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