Established Electrical Contracting Business with Property Option in Long Island, NY
Financial Details
- Asking Price:
- $2,499,000
- Annual Revenue:
- $1,550,000
- Cash Flow / SDE:
- $260,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 9.6x
- Location:
- NY, US
- Source:
- Date:
- November 06, 2025
Key Highlights
Description
This is an excellent opportunity to acquire a well-established and highly reputable electrical contracting business operating successfully on Long Island, NY, for over 36 years. The company specializes primarily in residential work (80%) supported by commercial contracts (20%), serving Nassau and Suffolk Counties. The business boasts immediate profitability, strong demand, and a loyal, repeat client base known for its quality workmanship and reliability. The asking price is $2,499,000, which includes $200,000 in Furniture, Fixtures, and Equipment (FFE). While the property is mentioned in the title, the real estate is explicitly excluded from the asking price but is available for separate purchase. The buyer must hold a Master Electrician's license. The current owner is willing to train the new buyer to ensure a smooth transition.
Industry Information
- Industry Description:
- Electrical contracting company specializing in residential and commercial projects, categorized under Building & Construction.
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 1990
- Employees:
- 7
Real Estate & Lease
- Status:
- Available Separately
Assets & Inventory
- FF&E Value:
- $200,000 USD
- Includes FF&E:
- Yes
- Includes Inventory:
- No
Broker Contact
- Name:
- Ken Stein
- Company:
- Kensington Company & Affiliates
- Phone:
- 516-626-2211
Listing Details
- Listing ID:
- ca9747a3-771f-446e-a823-45c433341be2
- Source Listing ID:
- 319635
- Deal Status:
- For Sale
- Last Updated:
- November 06, 2025
- Currency:
- USD