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