Full Service Mechanical Piping & Fire Sprinkler Co

Not Disclosed, NY

Asking Price: Annual Revenue:
$3,000,000 $7,900,000

Services: Construction, Contractors

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RE: Full Service Mechanical Piping & Fire Sprinkler Co Broker: La'Teya Tennet

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $7,900,000
Net Profit: Not Disclosed
Cash Flow: $1,200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 564949983
Broker Reference #: S-1421-R

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Business Overview:

The Company is a full-service provider of mechanical piping services for new construction and retrofitting of commercial buildings. Its core service is the fabrication and installation of piping for heating, ventilation, and air conditioning (HVAC) systems. It undertakes large scale projects, handling the design, engineering, and installation of piping for (?) HVAC systems for entire buildings. The Company also designs and installs fire sprinkler and other fire suppression systems. As a full-service provider, the Company offers a wide array of services to accommodate its clients’ needs. Approximately 40% of revenue is generated through mechanical piping services, 40% through fire sprinkler and suppression systems, and 20% through various other miscellaneous services. The Company handles its own pipe fabrication at its facility, which enables it to provide better quality piping and retain control over its piping requirements.

The Company has completed projects throughout the New York Metropolitan area, but in recent years has chosen to focus its efforts away from Manhattan remaining in the Long Island market. Its primary customer base includes HVAC companies, general contractors, building owners, universities/institutions, and architects. The Company is an active member of a regional steamfitters union and has developed a highly-skilled workforce of pipe fitters and related technicians, as well as a reliable network of outsourced labor to ensure all projects are completed to its high quality standards.

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Property Features and Assets:

The Company operates out of a 7,500 square feet facility that houses its administrative staff and pipe fabrication activities.

Market Competition and Expansion:

The Company has over two decades of experience providing best of class mechanical pipefitting and fire suppression systems to its well-established customer base. It has greater control over its costs and quality with its in-house fabrication capabilities. With a modest capital injection, the Company would have the resources to take on more employees, readily available through its union affiliation, to support further growth.

Reason for Selling:

Succession Planning/Retirement.

Additional Details:

  • The property is owned.
  • 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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