Electric Contracting Business For Sale in Suffolk - 35099 Business Type: construction special trades,misc. service/non-classifiable,repair services,seller financing available,electric, gas, water, sanitary svcs
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,400,000 | Down Payment | $750,000 |
| Gross Revenues | $2,200,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $350,000 | Number of FT Employees | Register Free to View |
Financing
$750,000 Down and $650,000 at 6% over 180 months
Business Description
Electric Contracting firm established 25 years ago with 10 long term full time employees. Full fleet of newer trucks and tools. Most clients are steady and repeat general contractors who build large residential communities and commercial/retail locations. Additional clients are smaller who build single homes and commercial renovations. Currently in contract for over 4 million in electric work, scheduled into 2024. Steady growth rate yearly, 2021 revenue at 2.5 million. Work areas are 90% throughout Nassau and Suffolk, remaining work in Queens & Brooklyn. Owner willing to stay on for a determined period for smooth transition. Call the broker for more details.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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