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WELL ESTABLISHED ELECTRICAL CONTRACTING COMPANY - Business For Sale

Long Island City, New York, United States

Listing: 307 | Ref: Unspecified | Agent: 61
Asking Price: USD $1,295,000.00
Gross Income: USD $2,500,000.00
Cash Flow: USD $400,000.00
Fixtures & Fittings: USD $150,000.00
Stock & Inventory: Undisclosed
Owner Financing: Yes
Finance Available: 50% DOWN - SELLER WILL FINANCE THE REST
Year Established: 1990
Trading Hours: 8-5 M-F
Employees: Full Time: 12, Managers: 1
Terms of Sale: Share Capital
Buy a WELL ESTABLISHED ELECTRICAL CONTRACTING COMPANY business for sale

Business 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.

Detailed Information

Expansion Potential: Unlimited

Competition & Market Info: A Leader in the Field

Reasons for Sale: RETIREMENT

Support & Training: SELLER WILL COMPLETELY TRAIN

Real Estate Information

Property Type: Leasehold

Lease Terms: 7/21/2018, Option 5 YEARS

Leasehold Rent: Lease Security $4,200, Monthly Rent $4,300

Premises Details: LOCATED IN IT'S OWN BUILDING IN LONG ISLAND CITY. THERE ARE TWO BUILDINGS AND ONE IS RENTED OUT FOR $2000 MONTHLY.

Size (Sq m or ft): 3800 sq ft

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