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- RE: Electrical Contractor (#22685)
- Contact: Ziggy Marszalek
Quick Facts
Asking Price: | $3,350,000 | |
Annual Revenue: | $5,341,789 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $918,715 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 62 | |
BBN Listing #: | 988396 | |
Broker Reference #: | 22685 |
Business Overview:
This business does Electrical Construction projects for both new and renovations. They work with all types of buildings such as private schools, apartment complexes, residential, industry, core & shell, and retail. They specialize in fire alarm systems, low voltage systems, IT, AV, and security systems. They can handle drawings, large estimated projects, and design system VE review.
The business keeps an office both locally and in NYC. Most electricians, technical staff are on site at job locations each day. Long term projects are the norm.
Owner is looking to sell in to a larger electrical contractor or a commercial construction private equity firm to match the owner's ambition for growth. Owner wants to stay on and manage the division or business going forward. Excellent opportunity to acquire a growing electrical business with great clients and fully staffed for expansion.
The owner holds an electrical and fire alarm license for the company. The business services are new construction, tenant fit outs and schools, plus service work. This business is the go-to electrical contractor for large building projects with their clients.
This business is poised to continue growing and is looking for a Buyer group to add the resources needed to take the business to the next level. Tremendous opportunity for growth. If you are a construction company or equity group in this industry then you need to review this memorandum.
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Property Features and Assets:
2,000 SF office building
Rent: $2,547 / month
Market Competition and Expansion:
Ask broker for details
Reason for Selling:
Other business interests.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
Documents:
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