Electrical Shop for Municipalities with 20 Million in Backlog - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🏗️
Commercial Electrical Contracting Company in Jamaica, NY
Jamacia, NY, US
Added 1 month ago
Commercial Electrical Contracting
Retiring Owner
Commercial electrical contracting company in Jamaica, NY, specializing in system installation and power for municipal projects with a significant backlog.
Key Information
Asking
$4.2M
Revenue
$12.0M
Earnings
$1.0M
Multiple
4.2x
Key Highlights
- Established in 1993 and located in NYC, operating in all five boroughs
- Commercial electrical contracting company focused on system installation and power for municipal projects
- 2023 backlog stands at $20,200,000
- Working capital valued at $2,900,000; buyer receives $2,635,000 in working capital as part of the assets
- Business includes 3,000 sq. ft. office, 2 warehouses, 5 office staff, and over 20 tradesmen
- Buyer is expected to absorb 3 existing loans; no bank loan needed to finalize the deal
- Current owner willing to stay for one year for transition and can maintain 20% equity if desired
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence