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Business Sales & Acquisitions

Energy Broker Business

Price: $538,000

Location: Queens, New York

Industry: Financial Services

Listing ID: 00116

Established energy broker operating in New York metro region with licenses in New Jersey, Ohio, and Illinois. They perform energy audits and rate reductions on average of 20%-40% on clients’ energy costs. This business has a recurring revenue with long term clients with contractual price contracts ranging between 12 and 24 months of $500,000 annually. Has 8 employees: One in operations, one in IT, one in marketing, two full time salespersons and three part time salespersons. They are able to do business in twelve states and currently operate in three. They are MBE (Minority Business Enterprise) certified. They’re currently on a month to month lease and operate five days a week. They continue to grow new business through call prospecting and referrals. Owner has over 15 years of experience in industry.

Listing Details

Gross Revenue: $600,000

Cash Flow: $180,000

Reason For Sale:

Other business

Training & Support:

Will stay on as long as necessary.

Operation

Year Established: 2010

Days & Hours of Operation: 5 days a week

Employees: 8

Location

Monthly Rent: $ 1,000

Square Footage: 1200