Business Description

A well-established Electrical Contracting Company on Long Island, with over 50 years of experience, is up for sale along with its real estate property. The company specializes in commercial electrical services with a focus on exceptional customer service, catering to key sectors such as manufacturing, municipalities, and schools. The business has demonstrated resilience through market fluctuations, maintaining strong revenues and earnings. With annual revenues nearing $2M and earnings ranging from $380k-$480k, this opportunity offers a turnkey operation including real estate, equipment, and a loyal customer base. One of the original partners is looking to retire and pass on the successful business to a new owner. The transition will be made easy as the other partner intends to remain with the company, along with providing support during the transition period post-sale. The sale includes the building, a full warehouse of tools, equipment, and a fleet of service vehicles. The business has reliable cash flow to cover mortgage debt and partner salaries, presenting an attractive opportunity for electricians