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Electrical Contractor | Avg. SDE $321K For Sale

Morris County, New Jersey, US
Asking Price:
$1,099,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,280,535
Cash Flow:
$316,607

Established electrical contracting company serving Northern New Jersey with a strong reputation for quality, reliability, and customer service. The business provides a full range of residential, commercial, and light industrial electrical services, including new construction, system upgrades, generator installations, and data/voice wiring.

The company benefits from a loyal customer base, repeat business, and diverse revenue streams. With experienced operations, established processes, and longstanding relationships in place, the business offers a turnkey opportunity with immediate cash flow and continued growth potential.

Property Information

Real Estate:

Lease

Premises Details:

The business currently operates from a leased facility in Morris County, New Jersey. The premises support administrative functions, equipment storage, and daily operational needs. The existing lease structure provides flexibility and has historically supported efficient service delivery across the company’s operating territory.

The company is in the process of relocating within Morris County to a new leased facility that is expected to better align with future operational needs. The transition is intended to enhance workflow efficiency, support continued growth, and improve overall logistics.

The business is not dependent on a specific location, as services are performed primarily at customer sites. As a result, the facility transition is not expected to disrupt operations and presents an opportunity for a new owner to benefit from an updated and optimized workspace.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

A new owner can immediately acquire an established operation with an experienced workforce, recurring service revenue, long-standing customer relationships, and multiple avenues for growth that have not been fully developed through formal marketing or business development initiatives.

Competition / Market:

This contractor operates in the highly fragmented electrical contracting industry, serving both residential and commercial customers. Demand is driven by new construction, renovations, maintenance, service upgrades, generator installations, and ongoing repair work. The industry benefits from the essential nature of electrical services and recurring demand from property owners and businesses.

Reasons for selling:

The owner has decided to retire.

Trading hours:

Mon-Fri 8am-5pm; 24 hr. on call

Employees:
7 FT
Years established:
30

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Financing available:

Lender pre-screened with $109,900 down.

Furniture / Fixtures value:
$208,917 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price
Relocatable:
This business can be relocated