NOT DISCLOSED, New Jersey
| Asking Price |
$6,500,000 |
Year Established |
41 |
|
| Annual Revenue |
$5,591,488 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Eric Sharret |
|
| Annual Cash Flow |
$2,000,967 |
Listing Number |
1012361 |
|
| # of Employees |
32 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Non-union specialty electrical contractor with a strong focus on a high-margin industry. The company operates across New York City, New Jersey, and the Philadelphia area.
The company surpassed $2M in Seller’s Discretionary Earnings (SDE) in 2025 and has maintained a compound annual growth rate (CAGR) of approximately 12% since 2023, with continued growth projected into 2026.
Property Features and Assets:
<p>The company owns a 4,000 square foot building. The seller is willing to offer the new owner a lease in line with existing rates to provide operational continuity post-closing.<br></p><p>Assets = $240,000</p>
Market Competition and Expansion:
<p>The electrical work performed is considered an essential service in that even a minor outage can result in millions in lost revenue. The primary competition in the company’s market comes from union electrical contractors. <br><br>The company competes effectively by offering pricing approximately 25% below union rates and greater scheduling flexibility and faster project completion.<br></p><p>No structured sales process or marketing. A buyer with business development discipline could systematically expand recurring revenue.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity