Premiere Electrical Contractor
Price
$5,800,000
Location
New York
Industry
Building and Construction
Listing ID
11082021
THIS BUSINESS IS SOLD This company has been servicing Westchester, Dutchess, Greene, Orange, Putnam and Ulster Counties for nearly a century. They have service contracts with several municipalities, Water and Wastewater Companies. In addition to large electrical work, they are also doing ground-mounted solar grids, micro grids, installation of solar arrays and inverters, electrical generators, Eco Sustainable EV charging stations on a large scale. They are currently forming a crew for smaller residential work due to demand. There is a key management team and estimators in place with plans to hire more employees due to consistent growth. Fully owned large equipment and trucks give them the ability to take on large projects. Projected sales for 2021 to surpass $7M. Solid and trusted family-owned company with strong ties to their community. No advertising done. A prospective Buyer will acquire a valuable Third Generation Electrical Company that will see explosive growth in Clean, Eco-sustainable Energy Projects with possible recurring revenues, as well as organic growth with added services, markets and territories. Real Estate is also for sale with drawn plans to add a second level, if desired.
Retirement
Will provide
"*" indicates required fields
Price: $5,800,000
Location: New York
Industry: Building and Construction
Listing ID: 11082021
THIS BUSINESS IS SOLD This company has been servicing Westchester, Dutchess, Greene, Orange, Putnam and Ulster Counties for nearly a century. They have service contracts with several municipalities, Water and Wastewater Companies. In addition to large electrical work, they are also doing ground-mounted solar grids, micro grids, installation of solar arrays and inverters, electrical generators, Eco Sustainable EV charging stations on a large scale. They are currently forming a crew for smaller residential work due to demand. There is a key management team and estimators in place with plans to hire more employees due to consistent growth. Fully owned large equipment and trucks give them the ability to take on large projects. Projected sales for 2021 to surpass $7M. Solid and trusted family-owned company with strong ties to their community. No advertising done. A prospective Buyer will acquire a valuable Third Generation Electrical Company that will see explosive growth in Clean, Eco-sustainable Energy Projects with possible recurring revenues, as well as organic growth with added services, markets and territories. Real Estate is also for sale with drawn plans to add a second level, if desired.
Gross Revenue: $7,400,000
Cash Flow: $7,400,000
EBITDA: $1,450,000
FFE: $1,200,000
Inventory: $50,000
Real Estate $650,000
Reason for Sale: Retirement
Training & Support: Will provide
Year Established: 1934
Employees: 20
Managers: Yes
Type of Location: Industrial Building
Square Footage: 5,000 sq/ft
"*" indicates required fields
New York, NY 10001
Price
$5,800,000
Location
New York
Industry
Building and Construction
Listing ID
11082021
THIS BUSINESS IS SOLD
This company has been servicing Westchester, Dutchess, Greene, Orange, Putnam and Ulster Counties for nearly a century. They have service contracts with several municipalities, Water and Wastewater Companies.
In addition to large electrical work, they are also doing ground-mounted solar grids, micro grids, installation of solar arrays and inverters, electrical generators, Eco Sustainable EV charging stations on a large scale.
They are currently forming a crew for smaller residential work due to demand. There is a key management team and estimators in place with plans to hire more employees due to consistent growth. Fully owned large equipment and trucks give them the ability to take on large projects. Projected sales for 2021 to surpass $7M.
Solid and trusted family-owned company with strong ties to their community. No advertising done.
A prospective Buyer will acquire a valuable Third Generation Electrical Company that will see explosive growth in Clean, Eco-sustainable Energy Projects with possible recurring revenues, as well as organic growth with added services, markets and territories.
Real Estate is also for sale with drawn plans to add a second level, if desired.
Retirement
Will provide
Main Office
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
Connecticut Office - Hartford
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
Pennsylvania Office - Pittsburgh
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Pennsylvania Office - Philadelphia
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334
Certified M&A Professional
