Long Island City, New York, United States
| 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 |
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.
Expansion Potential: Unlimited
Competition & Market Info: A Leader in the Field
Reasons for Sale: RETIREMENT
Support & Training: SELLER WILL COMPLETELY TRAIN
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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