HS Listing ID-71173


Asking Price: $760,000

Gross Revenue: $2,083,054 (2025) | 3-Year Average: ~$1,976,511

Annual Expenses (High-Level):

Rent: $78,000/yr ($6,500/mo leaseback)

COGS / Materials: ~$629,466 (2025)

RE Taxes: $13,936

Interest: $8,882

Depreciation (non-cash): $28,093

Meals & Entertainment: $9,095

Repairs & Maintenance: recurring (excluded as add-back)

Business Summary: Well-established electrical contracting business serving the Hamptons market. Founded by a licensed Suffolk County Master Electrician, the company generates $2M+ in annual revenue across four service lines: electrical contracting, Generac generator sales and service (~$85–90K recurring), EV charging installations, and ongoing service and maintenance. A second Master Electrician is on staff with a third pursuing licensure. Day-to-day operations run independently of the owner.

2026 YTD annualized SDE projects to ~$303,000.

Business Highlights:

$2M+ annual revenue, consistent across 2023–2025

Weighted 3-year SDE of $253,355; 2025 standalone SDE of $212,860

Authorized Generac dealer — ~$85–90K annual recurring revenue

Referral-based, loyal client base in the premium Hamptons market

Second ME on staff; third pursuing licensure — reduced key-person risk

Owner not required for day-to-day operations

Strong 2026 trajectory — annualized YTD SDE ~$303,000

EV charging, backup power, and electrification tailwinds

Growth Opportunities:

Scale EV charging installations across the East End

Formalize generator service into annual maintenance contracts

Add 1–2 electricians to expand concurrent job capacity

Launch residential/commercial service agreement program

Expand into adjacent Hamptons communities or neighboring counties

Reason for Selling: Looking to retire.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION