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
Real Estate: $650,000
Reason For Sale:
Training & Support:
Year Established: 1934
Type of Location: Industrial Building
Square Footage: 5,000 sq/ft