HS Listing ID-71173
Asking Price: $760,000
Gross Revenue: $2,083,054 (2025) | 3-Year Average: ~$1,976,511
Total SDE (2025 Standalone): $309,722
Weighted 3-Year SDE (Valuation Basis): $265,659.34
Annual Expenses (High-Level):
Rent: $78,000/yr ($6,500/mo leaseback)
COGS / Materials: ~$629,466 (2025)
RE Taxes: $13,936
Interest: $8,882
Depreciation (non-cash): $28,093
Meals & Entertainment: $9,095
Repairs & Maintenance: recurring (excluded as add-back)
Business Summary: Well-established electrical contracting business serving the Hamptons market. Founded by a licensed Suffolk County Master Electrician, the company generates $2M+ in annual revenue across four service lines: electrical contracting, Generac generator sales and service (~$85–90K recurring), EV charging installations, and ongoing service and maintenance. A second Master Electrician is on staff with a third pursuing licensure. Day-to-day operations run independently of the owner.
2026 YTD annualized SDE projects to ~$303,000.
Business Highlights:
$2M+ annual revenue, consistent across 2023–2025
Total SDE (2025 Standalone): $309,722
Weighted 3-Year SDE (Valuation Basis): $265,659.34
Authorized Generac dealer — ~$85–90K annual recurring revenue
Referral-based, loyal client base in the premium Hamptons market
Second ME on staff; third pursuing licensure — reduced key-person risk
Owner not required for day-to-day operations
Strong 2026 trajectory — annualized YTD SDE ~$303,000
EV charging, backup power, and electrification tailwinds
Growth Opportunities:
Scale EV charging installations across the East End
Formalize generator service into annual maintenance contracts
Add 1–2 electricians to expand concurrent job capacity
Launch residential/commercial service agreement program
Expand into adjacent Hamptons communities or neighboring counties
Reason for Selling: Looking to retire.
A signed confidentiality agreement is required for the exact location
