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This profitable mechanical and electrical contracting business has been in business for over 30 years. It’s fully licensed to provide mechanical and electrical services for residential and commercial clients in NYC’s 5 boroughs and Long Island. The company is a Pro Contractor of Home Depot, which brings a lot of sales to the business. Part of their jobs are done with the Union. They also get jobs from Macy’s, Game Stops, and other major companies. The owner owns the whole building, but would like to rent the fully renovated office, the big parking lot, and two huge 4-yard containers to the new owner for $3,000/month if needed. The asking price includes all the customer database, licenses, contracts, van, tools, ladders, equipment, inventory, etc. Owner would like to stay with the business for the transition period to help the buyer, and terms will be negotiable. Seller financing is available for qualified buyer. Great opportunity for licensed electricians or existing contracting businesses.
Current owner has been downsizing the business from $27 million sales to $1 million sales in recent years due to health issue. It’s a great opportunity for a more aggressive buyer to take the business back to the original level.
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