New York, NY 11416

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$2,100,000
Annual Taxes:$15,489.08
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Marc Jason

Established and highly reputable electrical contracting company with consistent annual revenue exceeding 2 million.

Description

Established and highly reputable electrical contracting company with consistent annual revenue exceeding $2 million. The company has been successfully operating over 70 years, serving a loyal base of commercial, residential, and industrial clients. Known for its quality workmanship, reliable service, and strong relationships with general contractors and long-standing customers, the business enjoys steady repeat work and word-of-mouth referrals. Buyer should be a licensed electrician/contractor. Currently operating under a Licensed Master Electrician that will stay in-place for a nominal annual fee. The company is fully staffed with experienced, licensed electricians capable of handling day-to-day operations, allowing for a smooth ownership transition. Modern equipment, and systems are in place to support continued growth and efficiency. The owner is retiring, presenting an excellent opportunity for an industry buyer or strategic acquirer to take over a well-established, operation with a proven track record and strong market reputation. All offers considered. Owner will stay on as needed Great add-on for an existing contracting business or an owner/operator looking to expand. The company's 3800Sqft headquarters/warehouse at 9424 88th Street in Ozone Park, NY is also available for $900,000.

Amenities

  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.