Established Electrical Contracting Firm Specializing in Renovations & Retail

Retail
Suffolk County, NY
Asking Price:
$4,000,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Founded in the early 1990s, this electrical contracting firm has built a strong presence servicing commercial clients with a broad spectrum of electrical solutions. Predominantly focused on renovation and conversion projects within established retail and supermarket environments, it has cultivated a loyal repeat clientele through consistent professionalism and quality execution. Operating primarily across Long Island's bustling Nassau and Suffolk counties, the company also supports new construction efforts alongside its renovation portfolio. Its clientele includes developers, general contractors, retail chains, and business owners, reflecting a diverse base conducive to steady work flow. Well-connected leadership within the electrical community supports ongoing project acquisition, minimizing direct competition and positioning the business to capitalize on emerging markets. Opportunities for expansion exist in renewable energy applications and the healthcare sector, which remain largely untapped within the region. The surrounding community features a mature population with a relatively high median income and steady growth, supporting a vibrant commercial environment conducive to sustained demand.

Facilities & Infrastructure

  • Leased facility located in New York
  • Full complement of operational equipment included
  • All necessary industry licenses in place

Property Highlights

  • Established infrastructure supports diverse commercial projects
  • Facility setup enables scalability for expanding work scope

Key Business Facts

Cash Flow
$1,448,089
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$6,296,467.00
Total annual business income before deducting expenses
EBITDA
$1,122,639.00
Earnings before interest, taxes, depreciation, and amortization.
FF&E
$15,000
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 1991
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
$80,000.00 per Month
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 2.54%
U.S. Avg. +4.1%
Median Household Income $128,329
U.S. Avg. $74,600
Median Age 41.70
U.S. Avg. 38.9
Bachelor’s Degree+ 39.86%
U.S. Avg. 38%

Economy

State GDP $1,793,384M
U.S. Avg. $28.8T
GDP YoY 0.66%
U.S. Avg. +2.4%
Unemployment 3.31%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 397
U.S. Avg. 380
Property Crime / 100k 1849
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Potential to enter rapidly growing solar energy market
  • Opportunity to capture healthcare and hospital sector projects
  • Expand client base beyond retail and supermarkets

Operation & Support

  • Owner offers training for a mutually agreed duration
  • All required licenses and permits maintained
  • Leased property with manageable rent expense
  • Reason for sale: owner seeking to reduce personal commitments

Lifestyle Fit

  • Ideal for owner-operators seeking established client networks
  • Fits electrical firms looking to broaden service area and scale
  • Suitable for entrepreneurs interested in renewable energy and healthcare sectors

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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