Established Electrical Contractor | Recurring Service Revenue - Business for Sale

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Electrical Contractor with Recurring Revenue in Long Island, NY

Riverhead, NY, US
Added today
Electrical Contracting Services
Absentee / Semi-AbsenteeRetiring Owner

Electrical contracting business serving residential and light-commercial clients in Long Island, New York, offering electrical services, generator sales and maintenance, and EV charging installations with recurring service revenue.

Key Information

Asking

$950K

Revenue

$2.1M

Earnings

$317K

Multiple

3.0x

Key Highlights

  • Business founded in 2008 and serves residential and light-commercial customers in Long Island, NY
  • 8 employees plus the owner; second licensed Master Electrician on staff
  • Owner works approximately 10 hours per week
  • Sale includes 5 vehicles, a utility trailer, equipment, goodwill, and customer relationships; real estate excluded
  • Operating space: approximately 2,091 square feet with proposed lease at $78,000 annual rent

Contact Info

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