WELL-ESTABLISHED ELECTRICAL CONTRACTING COMPANY
(Construction Related, Construction-Electrical; Construction Related, Contractors-Electrical; Repair;)
Long Island City, New York
Listed Price: $ 1,295,000
Listing ID: XC65849
Listing DetailsDown Payment: $ 600,000
Gross Revenue: $ 2,500,000
Cash Flow: $ 400,000
FFE: $ 150,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
THIS COMPANY DOES ELECTRICAL CONTRACTING ( NON-UNION) AND HAS A STELLAR REPUTATION FOR EXCELLENCE IN THEIR WORK.
There are two fully-equipped trucks and 10 servicemen who perform the daily work . The Company enjoys both Commercial and Residential Clients.
Owner Qualifications:
Must have Business experience and preferably electrical experience.
Competition:
A Leader in the Field
Potential Growth:
Unlimited
Financing/Terms:
50% DOWN-- SELLER WILL FINANCE THE REST
LocationLease Expire: 2018-07-21
Option: 5 YEARS
Lease Security: 4200
Monthly Rent: $ 4,300
Square Footage: 3800
Type of Location: Stand Alone
Facilities:
LOCATED IN IT'S OWN BUILDING IN LONG ISLAND CITY . THERE ARE TWO BUILDINGS AND ONE IS RENTED OUT FOR $2000 MONTHLY.
OperationYear Established: 1990
Days & Hours of Operation: 8-5 M-F
Employees: Full Time: 12
Managers: 1
Absentee Owner: No