HVAC Sheet Metal co - selling majority interest

Not Disclosed, NJ
Bergen County

Bergen County

Asking Price: Annual Revenue:
$750,000 $6,216,298

Manufacturing: Metal Products

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RE: HVAC Sheet Metal co - selling majority interest Broker: Joe Coculo

Quick Facts

Asking Price: $750,000
Annual Revenue: $6,216,298
Net Profit: $770,241
Cash Flow: $770,241
Total Debt: Not Disclosed
FF&E: $683,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 23
BBN Listing #: 56126891
Broker Reference #: Not Disclosed

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Business Overview:

Here is a great opportunity for someone to buy into this company as a majority owner at a great price. The owner would like to stay on and help grow the company.
The company was started in 2007 to fill the need for quality HVAC services. The company is involved with, but are not limited to, Heating Ventilating and Air Conditioning (all kinds), Air Direct Construction, Budgeting and Estimating Services, HVAC Management, Value Engineering and Design, Mechanical Coordination and Consulting.

Since inception, the company has worked with General Contracting companies such as Turner, Torcon, Structure Tone, Hunter Roberts, and many other high profile companies. In 2009, they developed a close relationship with a major Pharmaceutical company. They have done many successful projects for them at their Northeastern US plants.

Past and current projects include; pharmaceuticals, colleges, office buildings, retail chains, warehouses, and schools throughout New Jersey and New York State, with experience managing contract amounts ranging from $10,000 to $4 million. Sales for the previous two years have been in the $6 million range. The company currently has a backlog of @ $2M.

Their employee count ranges from 20-50, depending on our workload. They employ sheet metal workers from Local Union, and occasionally from other local unions depending on the territory of their projects.

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Property Features and Assets:

8,000 SF facility, easily accessible to all major highways. Ample parking. Company has 1.1 million in fixed assets.

Market Competition and Expansion:

Company has cutting edge technology that provides them a competitive edge. Competition is present, however this company's reputation for quality work stands it apart from it's competitors. They are currently working on new Acquisition business and are in the process of obtaining lease space to help them establish another location to better grow their market share.

Reason for Selling:

looking for strategic partner

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.

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