Business for Sale Overview:
The March Group currently represents two intriguing companies operating as one: a full line Heating, Ventilating, Air Conditioning and Refrigeration (HVACR) business and a building automation company that offers services designed to improve energy efficiency. The recent slowdown in the construction market propelled the growth of the Companies and allowed them to acquire qualified personnel. The HVACR business designs, services and installs systems for retail, industrial, government and commercial buildings – specializing in renovation and tenant improvement projects. The implementation of traditional engineering in non-traditional applications has distinguished this Company from the competition. The Building Automation business complements the HVACR portion by offering services for energy efficiency and control. Product offerings include design, installation, programming, commissioning and monitoring of system performance. Has been built on a solid foundation of quality work, offering services that coincide with the increasingly popular “green” movement sweeping the planet. The Companies posted revenue in 2008 of $3.25 million with EBITDA of $556,000 - representing more than 17% of sales. On track to hit projections for 2009 of $3.7 million in sales and $660,000 EBITDA, with steady growth projected through 2012. Sales are currently divided among government (37%), remodeling/new construction (58%) and industrial (5%) projects. Boasts a client base of 300 customers consisting of end users, building owners, engineers and facility managers in commercial, industrial, institutional and educational 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:
Companies operate from 1,400 square feet of office space and 600 square feet of warehouse space leased from the owners. The owners are willing to negotiate a continued lease or possible sale of the facilities.
Market Competition and Expansion:
The addition of qualified employees has allowed the Companies to bid and accept work that resulted in more than 36% growth during 2007-2008. With the service sector of the business representing the most profitable area, development of a sales plan and sales team would allow the Companies to capitalize on growth. Building Automation Systems represents another opportunity for growth, with rising energy costs driving building owners to find more ways to lower costs.
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.