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CNY Electrical Contractor with YOY Growth and Great Reviews

Listing Number: 11421-724216

Listing Details

CNY Electrical Contractor with YOY Growth and Great Reviews

Price: $1,200,000
  • Business Category: Construction
  • Down Payment: $140,000
  • Sellers Discretionary Earnings: $450,000
  • Total Sales: $1,267,623
  • Location: Syracuse, New York, United States
  • Inventory: $20,000
  • Agent:
  • Year Established: 1989
  • Reason for Selling: Retiring
  • Listing Number: 11421-724216

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    Business Description

    This well-established electrical service company specializes in commercial, residential, and industrial electrical repairs and maintenance. With a reputation for reliability and high-quality service, the business has built a loyal customer base, including numerous commercial property managers who rely on their expertise for ongoing maintenance work. The business’s service portfolio consists of 70% install work and 30% service. Residential clients make up ~60% of the customer base, with the remaining 40% being commercial accounts. The company is equipped with a fleet of four heavy-duty full-size ladder rack vans, which are stored at the technicians' homes. The team includes five skilled technicians who are dedicated to providing top-notch service.

    Operations:
    Field techs are totally automated with tablets so all work orders are done electronically on site and instantly synced to main system server allowing planning, accounting, and communication on the fly and real time.

    Closing:
    The seller is committed to a smooth transition, offering support and training needed to go another 35 years. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.

    For further details, including a confidential opportunity summary with financials and photos, please email Kevin at keverts@tworld.com or call 315-962-9200.