HS Listing ID-70115
Business Price: $990K
Real Estate Price: $1.2M
This is a rare opportunity to acquire a highly reputable electrical contracting company serving Eastern Long Island for over 22 years.
The company has built an exceptional reputation among general contractors, builders, and homeowners, becoming a trusted electrical partner for numerous projects throughout the region.
With consistent profitability, an experienced team, and strong contractor relationships, this business presents an outstanding opportunity for an operator, electrician, or strategic buyer seeking immediate cash flow in the high-demand home services sector.
In addition to the operating business, the commercial property used by the company is also available for purchase, providing a buyer with the unique opportunity to own both the operating company and the underlying real estate.
The property could support approximately $6,000 per month in market rent, providing additional long-term value through real estate ownership and equity growth.
Investment Highlights
Strong Cash Flow
The business generates approximately $330,000 in annual seller cash flow, providing immediate profitability for a new owner.
Attractive Acquisition Multiple
The asking price for the business is $990,000, representing an approximate 3x multiple of seller cash flow, which is attractive for a well-established service business with a long operating history and strong industry demand.
22-Year Operating History
For more than two decades, the company has developed a trusted reputation throughout the local contractor and builder community, resulting in repeat business and consistent referrals.
Longstanding Contractor Relationships
The company has built strong working relationships with general contractors and home builders across Eastern Long Island, many of whom regularly rely on the company for electrical work on new construction and renovation projects.
Experienced Team in Place
Operations are supported by a skilled team
This allows the business to service multiple projects simultaneously while maintaining high-quality work.
Turnkey Operation
The business is fully operational with trained staff, vehicles, equipment, and established customers already in place.
Real Estate Opportunity
In addition to the business, the owner is offering the commercial property from which the business operates.
Real Estate Asking Price:
$1,200,000
The property could support an estimated $6,000 per month in rent ($72,000 annually).
Owning the property provides several important advantages for a buyer:
- Ability to own the facility rather than paying rent
- Long-term stability for business operations
- Opportunity to build equity through commercial real estate ownership
- Control of vehicle parking, equipment storage, and workspace
- Potential long-term real estate appreciation
The electrical contracting business generates approximately $330,000 in annual cash flow, which comfortably supports the cost of property ownership.
This structure allows a buyer to operate a profitable business while simultaneously building long-term wealth through real estate ownership.
Business Overview
- Residential electrical installations
- Electrical upgrades and service work
- New construction wiring
- Renovation and remodeling projects
- Contractor electrical work
- General electrical service calls
The majority of business comes from long-standing relationships with builders and general contractors, along with repeat residential customers.
Much of the company’s work is referral-driven, reflecting its strong reputation for reliability and quality service.
The sale includes all assets necessary to continue operating the business, including:
4 service trucks
- Electrical tools and equipment
- Established brand and reputation
- Contractor and customer relationships
- Experienced technicians and staff
- Business goodwill built over 22 years
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
