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Listed by:

Hedgestone Business Advisors

SBA PREQUALIFIED 35-year Commercial Electrical Contractor Company For Sale

Newark, New Jersey, US
Asking Price:
$775,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

SBA PREQUALIFIED 35-Year Commercial Electrical Contractor Company

Confidential Business Listing – 35-Year Commercial Electrical Contractor | SBA Prequalified
Location: Union, New Jersey (North Jersey Market)
Asking Price: $775,000

OWNER WILL LIKE TO STAY ON FOR 2 YEARS OR MORE! FIRST BUYERS ARE WELCOME!

MIGHT BE OPEN TO SELLER FINANCING!

PLEASE DO NOT SPEAK TO THE OWNERS OR EMPLOYEES. THIS SALE IS STRICTLY CONFIDENTIAL.

Financial Overview
Year Gross Revenue Seller’s Discretionary Earnings (SDE)
2022 $1,293,243 $272,631
2023 $1,586,134 $536,725 (includes several large projects)
2024 (YTD) $996,963 $260,355 (projected)

Recurring Revenue: $820/month from fire system maintenance clients

Average Gross Revenue (excluding spikes): $1M – $1.1M

Business Overview
This North Jersey-based commercial electrical contractor has been in operation for over 35 years, with a long-standing reputation for reliability and expertise. The company focuses on 90% commercial and 10% residential work, with the majority of income driven by high-margin, repeat service jobs.

The business serves a range of institutional and commercial clients, including FedEx, national restaurant brands, property managers, and car washes. The team includes five employees and leverages subcontractors to support larger projects.

Key Highlights
35+ years of operating history and goodwill

5 employees and 3 service trucks

Strong commercial client base with repeat contracts

High-margin service work and recurring monthly revenue

Subcontractor network supports scalability

No website, digital marketing, or advertising currently in place

Significant opportunity for growth through modernization

Ownership & Transition
The business is currently operated by two partners:

Partner A: Handles back-end billing and bookkeeping remotely and will exit the business upon sale.

Partner B: Licensed Master Electrician responsible for estimates, project management, and field service. Willing to stay on for up to two years post-sale to support a smooth transition and continued operational success.

Growth Opportunities
Launch a professional website and online presence

Initiate advertising and lead generation campaigns

Expand fire system maintenance client base

Hire additional field staff to increase job capacity

Add residential service division for market diversification

Ideal Buyer
Licensed electrician ready to scale an established book of business

Regional contractor looking to expand into the North Jersey commercial market

Investor/operator seeking a service-based business with proven cash flow and long-term operational support

Property Information

Location:

Newark, NJ (Essex County)

Business Operation

Employees:
5
Years established:
35+ Years

Other Information

Support & training:

OWNER WILL LIKE TO STAY ON FOR 2 YEARS OR MORE! FIRST BUYERS ARE WELCOME!

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

MIGHT BE OPEN TO SELLER FINANCING!

Listed by

Hedgestone Business Advisors