NY State Electrical Contractor


NY State Electrical Contractor

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$21,000,000





NY State Electrical Contractor

Get Financing Save Print Share Valuation Report

Business Description

The Company provides design, engineering, and construction for public and private clientele. Its facility contains a prefab shop, which is equipped to support pre-construction and installation activities.

In 2015, the Company’s services by percentage of sales were attributable to the following project types: Electrical wiring (new buildings) – 59%, Electrical wiring (building renovation) – 31%, and Solar – 10%.

The Company serves general contractors in the commercial construction industry. The scope of projects includes retail, multi-family, public institution, and government buildings. The majority of clients are based in New York and the Mid-Atlantic region.

The Company currently employs between 100 and 120 full-time employees. The base is spread across 7 departments: Estimating and Sales (6), Executive (1), Construction (6), Accounting (3), Administration (2), Education/Safety (1), and Field (80 to 100).

The Company maintains long-term customer relationships; however, projects can vary in scope and duration throughout any given year. In 2015, 61% of total revenue was from repeat business.

Detailed Information

- Strong Balance Sheet: Current ratio 4.0 - Audited Financials: Gross profit margin of 17.5% in 2015 - Good Historical Growth: CAGR of 17.4% over the last three years
Support & Training:
As needed
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1298031 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

Show Phone Number

View My Listings

Sponsoring Broker:
Lisa Lippe

Find out more...

Get more details about this business.

Similar Listings