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Test & Balance Company
Location Illinois,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1500000
Net Profit / Cash Flow $600000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1989
Number of Employees 6 - 9
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale retirement
Description We are exclusively offering an established and profitable test and balance company located in Illinois. The company tests and balances air and water systems in large commercial, medical, multi-family, government, educational and industrial buildings.
Test, Adjust and Balance is recommended to maximize efficiency and minimize operating costs, to assure that the engineer's design is met, to identify design and/or construction deficiencies and to troubleshoot problem areas, such as hot or cold spots, drafts, odors or noisy areas.
Testing, Adjusting and Balancing is an essential service in establishing and maintaining the comfort and efficiency before and after a building is constructed. When this test and balance company provides services during the preconstruction planning and final construction phases, the owner is assured that HVAC systems in the building will operate at the most efficient level.
As an example, when a building is not properly tested, temperature is either too hot or too cold and is usually very uneven across the space. This leads to sudden thermostat adjustments within a space. In an unbalanced space, this may correct the temperature in one section of the office space; however, it may also create a negative change (too hot or too cold) in another part of the same office. This type of environment promotes the use of space heaters and other devices that increase energy cost for the owner and creates dissatisfied tenants.With proper Testing, Adjusting and Balancing, problems in the heating, ventilation and air conditioning systems are diagnosed and solutions are implemented.Solid team of licensed inspectors and testers in place. All testing equipment, computers and company owned vehicles are included. Owner will stay on in a lesser capacity if needed or to transition a new operator. Highly profitable company with SDE over $600,000.
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