Electrical Services with 20+ Tradesmen

This electrical services company is well-staffed, with over 20 tradesmen on staff, along with 5 office staff to handle operations and clients. This highly experienced team of electricians and office staff will allow for the new owner to provide general oversight of the business. Services include lighting, power, access control, fire alarms, analytics, system installation, and security systems. Located in Jamacia, NY, and operating in all five boroughs, this company consistently offers competitive pricing to obtain both small and large projects. 2020 & 2021 were severely impacted by COVID, but 2022 is showing an incredible comeback with over $1M in annualized cash flow, and $34M in total backlog! A buyer would also be getting $1.4M in working capital. This business is ready for the new owner to continue the excellent quality of work and customer service they have provided since 1993! They specialize in establishing BIM contracts for clients using industry-based software. Using these tools make the design and installation of electrical projects more efficient and cost effective. Current work includes working with electrical contractors and large company buildings. This company has also worked with transportation businesses specializing in rail, bus, and elevator services. With a down payment of $510,000, a buyer can expect a 94% return on investment in the first year after debt payments! This company is dedicated to providing quality and reliable electric work to its clients. Due to the fact that is company has been in business for almost 30 years, a majority of their clients are repeat or referrals. This electric company is ready to leave a new owner with an experienced crew and client base that will continue its effective work and legacy.