Business for Sale Overview:
The March Group currently represents a Company which handles complete HVAC system design and modification, and steam fitting services from draft and layout to full field installation. Diverse accounts include construction, corporate, government, health care and various commercial and retail customers. In 2008, revenue reached $26 million with EBITDA of approximately $2.6 million. The Company enjoys long-term relationships with premier construction companies, building facilities, and institutional owners and managers in the five boroughs of New York City, Nassau and Suffolk Counties for over 40 years. Vertical integration of manufacturing, installation, and service in a one-stop shop allows the Company to consistently provide superior production and service, although each division could operate as a stand-alone entity. Includes three divisions: sheet metal fabrication with a state-of-the-art completely automated metal shop with computer driven plasma cutters, automated coil line, spiral duct production, and welding facility; HVAC service, start-up service, and HVAC maintenance and support to all clients; operational parent provides HVAC contracting to the client base and handles all estimating, sales, project management, pipe fitting requirements, purchases and subcontracting if needed. Average EBITDA of more than $2.0M over the last three years. Current project backlog of approximately $34M as of January 1, 2009. Building projects include office buildings, shopping malls, hospitals, schools, research and development laboratories, pharmaceutical laboratories and correctional facilities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
17,000 square feet of office and shop space, leased.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.