Asking Price: $1,399,000
Gross Income: $3,200,000
Cash Flow: $555,000
UNION SHOP Long Island-Based Commercial & Residential Electrical Contracting Business
Asking Price: Inquire
Cash Flow: High 6-figures with 36% growth projected for 2025
Location: Nassau & Suffolk Counties, NY (Confidential)
Real Estate: Not included
Reason for Sale: Owner retirement / succession
This is a rare opportunity to acquire a long-established, highly reputable electrical contracting company serving both commercial and residential clients across Long Island. With over 25 years of uninterrupted operations, this business has developed strong relationships with developers, property managers, general contractors, and private homeowners.
Highlights:
Established nearly three decades ago with an impeccable reputation
20+ skilled field employees and complete supervisory structure in place
Recurring contracts with storage centers, property managers, and mid-to-large developers
Strong and consistent financial performance, with YOY growth since 2019 (except 2022 due to project cycle wrap-up)
80% revenue growth in 2024 and forecasted 36% additional growth in 2025
Services include multifamily builds, office fit-outs, restaurants, service & maintenance work
Clean fleet of vehicles, indoor lifts, and well-maintained tools included in sale
Owner willing to remain short term post-sale for transition and will sign a regional non-compete
Ideal Buyer:
This is a perfect opportunity for a larger electrical firm, licensed operator, or strategic investor looking to expand into the Long Island market with a turnkey team and loyal clientele. Proof of funds and proper licensing to operate in Nassau & Suffolk required.
Contact for NDA and Full Package:
Henry Galasso
East Coast Business Brokers
📞 516-779-8900
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