Metro NY Commercial HVAC Company - SBA Approved!

New York, NY
New York County

Central Manhattan


Asking Price: Annual Revenue:
$5,980,000 $5,808,942

Services: Construction, Contractors


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RE: Metro NY Commercial HVAC Company - SBA Approved! Broker: Moses Shmueli

Quick Facts

Asking Price: $5,980,000
Annual Revenue: $5,808,942
Net Profit: $1,559,519
Cash Flow: $1,559,519
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 412726891
Broker Reference #: MetroNYHVAC

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Business Overview:

Based is New York City, the Company is an HVAC contractor and mechanical firm that has for decades successfully designed and coordinated the installation and programming of HVAC systems in an efficient and expedient manner and within budget for its commercial and institutional clients. The Company’s success and growth has been attributed to its excellent reputation, quality work and integrity. Through its Value Engineering services, it has successfully re-engineered many projects, resulting in substantial construction and maintenance cost and time savings, without a reduction in quality.

The Company’s projects are very high-end and complex with revenue per project typically ranging between $1 million - $4 million, with many requiring over a year to complete. Clients include high-profile retail stores, condominium buildings, hotels, restaurants, shopping malls, schools and public works projects. The company has worked with prestigious general contractors, construction management firms and developers.

Business Highlights:
• Well-established business with strong reputation in its Value Engineering niche
• Premium-price, high margin business attributed to value-added, engineered service offering
• Very low overhead, resulting in outstanding profit margins
• Strong relationships with top developers and general contractors ensures repeat business
• Long-term, loyal employees who are well-trained and knowledgeable
• Recommended vendor status by top HVAC manufacturers a strong generator of leads

One of the owners is receptive to continuing his involvement with the business post-acquisition while the other is willing to consult a new buyer. Both owners will assist a buyer to facilitate a smooth transition.

Growth and Expansion
Company is experiencing robust demand for high-end, complex HVAC services. It is expected that hiring an additional estimator and marketing person would provide a substantial increase in business.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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