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Commercial Hvac \ R & Building Controls Company For Sale
Location Maryland,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1649691
Net Profit / Cash Flow $244140
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 6 - 9
Inventory 134650
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Owner will ensure an orderly transition
Reason for Sale Retirement
Description The Company occupies a very desirable niche of the HVAC\R service market in the Washington DC metro. It also is authorized to install and service the building control systems of a major manufacturer. Catering to long term commercial accounts, the company avoids the low margin, bid work typical of new construction and large chain stores. With no advertising and very little marketing, the company remained profitable through the recession and is showing good growth over the past 2+ years. The company has a diversified customer base and a large majority of revenue comes from repair/retrofit of HVAC equipment of its long term customers - some of which are under service contract. The Company has a strong team of 7 experienced employees, 6 of which belong to the Steamfitters Union.
The company would be a great fit for an HVAC contractor who wants to grow the service side and/or develop a position in Building Controls, a residential HVAC company who wants high quality commercial business or a plumbing company that wants to move into high margin HVAC work.
The Company enjoys excellent gross and net margins due to the quality of its customer base and the nature of its work. The company booked $1.2 million of work in the first half of 2012 and 2013 is projected to be strong as well.
Asking Price: $775,000 that includes $134,000 of vehicles and equipment. The owner will entertain offers of varying financial and legal structures and each offer will be evaluated on its own merits and in relation to other offers.
Call Jeff Hider, CBI, at The THOR Group LLC - 410-987-7062
Click Here To Contact Seller
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