Profitable, Long Established Electrical Contracting Business for Sale
Profitable, Long Established Electrical Contracting Business for Sale
This is an exceptional opportunity to acquire a profitable electrical contracting business that is fully licensed to provide electrical repairs & installations for residential and commercial clients in Nassau and Suffolk counties. We are proud to be the exclusive agents for this profitable electrical contractor that has been in business for over 32 years. Industry reports show that the home improvement business has been among the least affected by the pandemic and is expected to rebound strongly. Industrial and residential customers are maintaining & renovating their homes during this pandemic and this bodes well for electrical contractors. This business is considered essential and expected to rebound strongly. The company is owned and operated by a master licensed electrician, who primarily manages the business and prepares commercial estimates. There is a significant growth potential. Presently, the staff includes four full time technicians and a part time office assistant.
Owner has reached retirement age.
Square Footage: 2,175 sq.ft
The company leases a unit in an industrial building that has two offices, plus an approximately 1,700 square foot warehouse/garage area with an overhead door. There is sufficient room to park (3) Vans and ample storage area for tools, material, ladders, equipment, etc. The warehouse is gas heated and the office area has electric heat.
Owner will remain for sufficient period to transition business to buyer and term will be negotiable.
Business enjoys an excellent reputation in the industry, but like all service businesses there is competition. Ownership feels that its “edge” is the relationships it has built over many years as a reputable supplier of quality services at a reasonable price.
Present ownership is satisfied with the existing business base and has not actively tried to increase business. There is opportunity for a more aggressive buyer to bring the business to the next level..
Profitable, Long Established Electrical Contracting Business for Sale
This is an exceptional opportunity to acquire a profitable electrical contracting business that is fully licensed to provide electrical repairs & installations for residential and commercial clients in Nassau and Suffolk counties. We are proud to be the exclusive agents for this profitable electrical contractor that has been in business for over 32 years. Industry reports show that the home improvement business has been among the least affected by the pandemic and is expected to rebound strongly. Industrial and residential customers are maintaining & renovating their homes during this pandemic and this bodes well for electrical contractors. This business is considered essential and expected to rebound strongly. The company is owned and operated by a master licensed electrician, who primarily manages the business and prepares commercial estimates. There is a significant growth potential. Presently, the staff includes four full time technicians and a part time office assistant.
Owner has reached retirement age.
Square Footage: 2,175 sq.ft
The company leases a unit in an industrial building that has two offices, plus an approximately 1,700 square foot warehouse/garage area with an overhead door. There is sufficient room to park (3) Vans and ample storage area for tools, material, ladders, equipment, etc. The warehouse is gas heated and the office area has electric heat.
Owner will remain for sufficient period to transition business to buyer and term will be negotiable.
Business enjoys an excellent reputation in the industry, but like all service businesses there is competition. Ownership feels that its “edge” is the relationships it has built over many years as a reputable supplier of quality services at a reasonable price.
Present ownership is satisfied with the existing business base and has not actively tried to increase business. There is opportunity for a more aggressive buyer to bring the business to the next level..
This is an exceptional opportunity to acquire a profitable electrical contracting business that is fully licensed to provide electrical repairs & installations for residential and commercial clients in Nassau and Suffolk counties. We are proud to be the exclusive agents for this profitable electrical contractor that has been in business for over 32 years. Industry reports show that the home improvement business has been among the least affected by the pandemic and is expected to rebound strongly. Industrial and residential customers are maintaining & renovating their homes during this pandemic and this bodes well for electrical contractors. This business is considered essential and expected to rebound strongly. The company is owned and operated by a master licensed electrician, who primarily manages the business and prepares commercial estimates. There is a significant growth potential. Presently, the staff includes four full time technicians and a part time office assistant.
Owner has reached retirement age.
Square Footage: 2,175 sq.ft
The company leases a unit in an industrial building that has two offices, plus an approximately 1,700 square foot warehouse/garage area with an overhead door. There is sufficient room to park (3) Vans and ample storage area for tools, material, ladders, equipment, etc. The warehouse is gas heated and the office area has electric heat.
Owner will remain for sufficient period to transition business to buyer and term will be negotiable.
Business enjoys an excellent reputation in the industry, but like all service businesses there is competition. Ownership feels that its “edge” is the relationships it has built over many years as a reputable supplier of quality services at a reasonable price.
Present ownership is satisfied with the existing business base and has not actively tried to increase business. There is opportunity for a more aggressive buyer to bring the business to the next level..