Specialty Mechanical Contractor

Relocatable, NJ Not Disclosed

NYC Metro Region

Asking Price: $15,000,000

Annual Revenue: $15,900,000

Services: Construction, Contractors

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RE: Specialty Mechanical Contractor
Contact: Edward Fitzgerald

Quick Facts

	Asking Price:	$15,000,000
	Annual Revenue:	$15,900,000
	Net Profit:	Not Disclosed
	Cash Flow:	$3,640,000
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	1992
	Employees:	20
	BBN Listing #:	934811
	Broker Reference #:	S-3039

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Business Overview:

The Company is a specialty mechanical contractor providing full-service plumbing installation with an industry specific focus on new construction of multifamily residential housing. Based in the New York metro area, it has developed a strong reputation with some of the largest real estate developers in the region. The Company is involved with projects from the early development stages, which can sometimes be years prior to ground being broken on a job site, helping to secure permits, and proceeding to provide underground plumbing installation once on-site work commences. It completes all rough-in plumbing, finish plumbing, and connection testing. This full-service approach to handling all phases of the plumbing system installation provides the Company with full control over the quality of the system workmanship and streamlines this element of the construction process for its clientele.The client base consists entirely of premiere real estate developers, particularly those in the multifamily residential housing market, many of which the Company has had long standing working relationships with.

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Property Features and Assets:

Office space and storage facility located in NYC Metro area.

Market Competition and Expansion:

Being in business for over 30 years the Company has placed itself as a service providing leader in its market, with decades of customer relationships. With its strong reputation and established infrastructure, the Company has earned its customers’ loyalty and business. Also, there are few competitors in the region who also specialize in the high level, full service plumbing the Company offers.The Company has found itself in high demand from its clients, creating a steady workflow and backlog into the coming years. There is excess demand for its services as management has been selective in projects for the Company to take on given its current capacity. With additional resources in place, the Company could quickly increase revenues and profitability.

Reason for Selling:

Retirement

Additional Details:

The property is Leased.
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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