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Mechanical Electrical Contracting Business
Location: United States -> New York
Industry: Business Services > Construction




Business Summary

This profitable mechanical and electrical contracting business has been in business for over 30 years. It's fully licensed to provide mechanical and electrical services for residential and commercial clients in NYC's 5 boroughs and Long Island. The company is a Pro Contractor of Home Depot, which brings a lot of sales to the business. Part of their jobs are done with the Union. They also get jobs from Macy's, Game Stops, and other major companies. The owner owns the whole building, but would like to rent the fully renovated office, the big parking lot, and two huge 4-yard containers to the new owner for $3,000/month if needed. The asking price includes all the customer database, licenses, contracts, van, tools, ladders, equipment, inventory, etc. Owner would like to stay with the business for the transition period to help the buyer, and terms will be negotiable. Seller financing is available for qualified buyer. Great opportunity for licensed electricians or existing contracting businesses.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $900,000
Cash Flow:   $400,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retiring




Print Listing Id: 700319600
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