Established Long Island Electrical Contractor for Sale - 60 Years of Success

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Financial Details

Asking Price:
$539,000
Annual Revenue:
$1,893,298
Cash Flow / SDE:
$142,812
Profit Metric:
Net Income
Valuation Multiple:
3.8x
Location:
West Babylon, NY, US
Source:
Date:
September 23, 2025

Key Highlights

Established Long Island electrical contractor with over 60 years of successful operation.
Strong reputation and steady bid flow from loyal general contractor clients.
Experienced, long-term staff and dedicated seller support ensure smooth transition.

Description

This is a well-established electrical contracting business with a 60-year history of success, serving Long Island exclusively in Nassau and Suffolk Counties. Specializing in 80% commercial and 20% residential projects, the company has cultivated a loyal customer base, particularly among general contractors who frequently invite them to bid on new projects. Services include power wiring, fire alarms, low-voltage systems, and communications wiring. The business is union-affiliated and holds all necessary licenses. The team comprises six experienced journeyman electricians, one apprentice, and one office administrator, many of whom have been with the company for decades, ensuring continuity. Assets included in the sale are three vans, a trailer, a trenching machine, seven scissor lifts, a fully stocked office, and a materials stockroom. The business relies on strong relationships rather than advertising, generating steady opportunities with average project values between $70,000 and $150,000. The seller is committed to a smooth transition, offering comprehensive support and training, and the experienced staff are willing to continue under new ownership. This business is ideal for a hands-on owner looking to leverage its strong foundation for growth.

Industry Information

Industry Description:
Electrical Contracting
Classification:
Building & Construction

Operational Snapshot

Year Established:
1964
Employees:
8
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,000 USD

Assets & Inventory

Includes FF&E:
Yes
Inventory Value:
$0 USD
Includes Inventory:
No

Broker Contact

Name:
Trent Lee
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
53241ac4-75a4-476b-a590-9577005f5d36
Source Listing ID:
24226
Deal Status:
For Sale
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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