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Electrical Contract Business In Rockland County For Sale

Rockland County, New York
Asking Price:
$2,000,000 (USD)
Sales Revenue:
$6,350,730 (USD)
Cash Flow:
$531,960 (USD)

Successful electrical contractor headquartered in Rockland county, NY. Virtually all contracts are commercial/industrial. The company is recognized as an industry leader in providing quality electrical installations on time and within budget, servicing the needs of the lower Hudson Valley NY and northern New Jersey. They hold licenses in Rockland, Orange, Putnam & Westchester counties in NY, and the state of New Jersey.Their clients consist of big box stores, large restaurants, medical office buildings, laboratories, large warehouses (1/2 million SF), makk retail stores, casinos, military facilities, high end custom homes (under 5%). The hard assets (vehicles, furniture, fixtures, equipment, tools & inventory) are available to the buyer on an as needed basis and are not included in the asking price. Please write to TBC Business Brokers, Philip Pearl, CPA for a complete information package.

Property information

Premises Details:

3,000 SF building with ample outside parking and yard. Extensive office equipment in support of estimating, design, customer service, bidding and overall administration.

Business Operation

Expansion Potential:

There is currently a contract backlog in excess of $3.1 million, work in progress totaling $2.1 million plus major commercial/industrial projects on the drawing board and in the bidding stage totaling $11.6 million.

Reasons for selling:

Retirement.

Employees:
26
Years established:
28 years

Other Information

Support & training:

Owner will train and assist in a smooth transition. He is also willing to remain with the company at the request and pleasure of the new owner, details to be mutually agreed upon.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Some seller financing available to qualified buyers.

Furniture / Fixtures value:
$246,556 (USD)
Inventory / Stock value:
$88,700 (USD)
Relocatable:
This business can be relocated.

Contact Information

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