Seller's Contact Information
- RE: UNDER CONTRACT HVAC Mechanical And Service
- Contact: Roland Rapp
Quick Facts
Asking Price: | $3,700,000 | |
Annual Revenue: | $8,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $800,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 41 | |
BBN Listing #: | SB-54874 | |
Broker Reference #: | DAYTOOH001-54874 |
Business Overview:
BackgroundThe company is a well-established HVAC and Plumbing Company supporting both Commercial and Residential Customers. There is a strong Management team in place, The company requires a strategic leader to help grow operations, or an existing company looking to add top and bottom-line growth. Growth OpportunitiesThere is a large upside for growth. Each year the company turns down numerous opportunities for additional work. Unfortunately, with the state of the labor force today, the company must be cautious in the amount of growth they allow.The company has a core of several General Contractors, manufacturing facilities and developers that they do a lot of repeat business. A large percentage of this work is on a design/build basis and the contract amounts are often negotiated. They are very fortunate that with their reputation, quality employees and capable size that they find that the work comes to them.The company is also active, in a limited basis, in the spec and bid market in certain types of projects. They perform some prevailing wage projects as well. They are selective in the type of work they get involved in with this segment. The company President feels it is important to keep a presence in this arena as there are times when the company needs to step out and find additional work. This also opens up doors and builds relationships for future business.
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Reason for Selling:
Owner would like to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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