S-1880 MHS-MJK Electrical Supplies & Equipment Wholesale Distributor (New York City)

Business Description: The Company provides electrical equipment and supplies to electrical professionals, contractors, project managers, engineers, and others working on commercial, industrial, residential, or marine projects. This is a value added distributor offering customers additional valued services - next day delivery, cutting & paralleling, job quotations, credit terms, and more.

The company has been a family owned and operated enterprise for more than 50 years. The company serves all 5 boroughs of New York City, and in addition makes deliveries to Westchester, Rockland, Long Island and New Jersey.

This business has been a consistent money maker for its owner. Always profitable, the company produces an adjusted EBITDA of 8.5% - about 55% above the industry average!

Transaction: The owner is looking to exit the business into retirement. He is offering 100% of the business for sale. The owner is willing to stay on for a reasonable transition period, post transaction. He has a very capable and enthusiastic management team in place that can run the business in his absence.

Financial Summary ($000s)
	2018 Est by Seller	2017	2016	2015
Revenue	10,400	10,184	9,978	9,754
Adjusted EBITDA	935	855	891	711

Other Highlights
Location	Financials	Management Team in Place	Years in Business	SIC Classification
New York City	Compiled	Yes	50+	5063

 Gottesman Company

Refer to:  S-1880 MHS-MJK

Tel: 718-618-5346      UK Office: +44 (0) 7906786505

E-mail: dmj@gottesman-company.com