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Major Hvac Construction & Servicing - Recurring Revenue
Location New York,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $22300000
Net Profit / Cash Flow $3697000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 20 - 34
Inventory 350000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will completely train. All upper management will stay. Owner is absentee most of the time and company president runs the business.
Reason for Sale Retirement.
Description This large HVAC construction and service company has a pristine reputation. They sell to and service most of the major hospitals, the United Nations, private hospitals and major sports stadiums as well as hundreds of other accounts all over the metro area. They have been a top vendor to the local city and government divisions for over 25 years. No other company has ever reached their top industry position. The company personnel includes a president, three vice presidents, eight project managers, six service mechanics, six construction mechanics, and eight support service employees , all of whom would stay on in a transition.
Owner qualifications: since this company is completely self-contained, it is possible to acquire it without a great deal of industry experience.
Facilities: company occupies a beautiful leased main building with a long lease going forward. The entire premises has been customized for this business. There is an adjoining warehouse and manufacturing facility as well.
Option: a new long term lease with purchase
Lease terms: TBD
Monthly rent: $22,000
Square footage: 15,000
Market Outlook / Competition: in business since 1986 with the best reputation in the industry.
Competition: the leader in the field potential growth: unlimited
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