Hvac Company - Profitable - West Coast Location
Location California,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $4600000
Net Profit / Cash Flow $687000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Owners will train
Reason for Sale Sellers will stay on call for details
Description Located on the west coast, this profitable company was founded over ten years ago by two industry veterans. The company has seen steady growth over the last eleven years. With 75 percent of its revenue generated from service contracts and the remaining 25 percent coming from new construction along with a turnkey management team, it is well positioned to take advantage of future growth opportunities. The current facility has the capacity to support a threefold increase in production. Services range from HVAC, refrigeration, boiler and chiller installation and service to full service, design and installation of EMS, Mechanical Hydronics Systems and Co-generation plants.
Financial History
Revenues for 2011 were $4,600,000, a three-year high and an increase of 20 percent over 2010. The EBITDA for 2011 was $688,000 an increase of $300,000 over the 2010 results. In addition, gross margins grew by 3.5 percent on an annual basis.
Growth Opportunity
The owners have identified nine growth opportunities. The company is poised for continued profitable growth with a new owner with an stronger capital structure in place. As both of the owners wish to remain with the company the combination of nine growth opportunities, a turnkey management team and a new capital structure, would make this an excellent add-on to an existing platform company or a strategic buyer.
REVENUES EBITDA
FY 2011 $4,602,290 $687,120
FY 2010 $3,847,894 $362,060
FY 2009 $3,977,663 $397,323
FY 2008 $5,199,360 $583,350
Note: Our Specific NDA and Buyers Acknowledgement are required prior to release of additional information.
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