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Profitable Commercial Electrical Contractor - Public and Private work
Business Description
Founded in 1980, this commercial electrical contracting business has built a highly profitable and reputable business within the Tri-State area. Primarily operating in Westchester County, Putnam County and the Hudson Valley region. Current office location is inside of a municipal building which has allowed them to build an incredibly strong name for itself which has lead to multiple large, long-term contracts for commercial electrical services.
About the Business
- Years in Operation
- 45
- Employees
- 20
- Facilities & Assets
- Located in a municipal facility housing an office and 14 company vehicles from vans to bucket trucks
- Market Outlook / Competition
- This is a quickly growing and expanding market with an expected 3.94% growth rate over the next 4 years according to Arizton Advisory and Intelligence.
- Opportunities for Growth
- It is an expanding market with substantial growth opportunity. Multiple reoccurring, annual contacts with $4.7 million in work scheduled out into 2024.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owners will to provide 2 weeks training at 20 hours per week.
- Financing Options
- N/A
Listing Info
- ID
- 2182735
- Listing Views
- 5346
Listing ID: 2182735 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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