Philadelphia Area Boiler/Mechanical Contractor

North East

Philadelphia Area Boiler/Mechanical Contractor

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$5,900,000





Philadelphia Area Boiler/Mechanical Contractor

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Business Description

The Company provides industrial boiler-related services, HVAC contracting, mechanical construction, and custom metal fabrication services. As a specialty trades contractor, the Company focuses on boiler equipment repairs, boiler and process systems applications, mechanical installations, custom fabrication of boiler systems, and field technical services.

The Company is accredited by the National Board of Boiler and Pressure Vessel Inspectors to repair and alter heating boilers, power boilers, and unfired pressure vessels, and is also accredited by the American Society of Mechanical Engineers to manufacture heating boilers, power boilers, and unfired pressure vessels and parts.

The Company’s product and service mix by percentage of revenue: mechanical equipment installation (25% of 2015 revenue), boiler and mechanical system repairs (20%), custom fabrication (20%), new equipment sales (11%), boiler technical service (10%), boiler system rentals (8%), and HVAC parts sales (6%). The Company maintains a total database of over 800 customers (150 active), and over 55% of revenue comes from recurring active customer projects.

The Company employs 29 full-time, open-shop personnel, including 2 shareholders.

Detailed Information

- Accredited ASME & NBIC: To manufacture, alter, and repair boilers and pressure vessels. - Excellent Facilities: 10,000 Sq. Ft. of manufacturing space serviced by a 15 ton bridge crane - Diversified Customer Base: No customer accounted for more than 5% of revenues. - Audited Financials: Gross profit of 38% in 2014. - ESOP Ready: $1M pre funded and approved ESOP - Exclusive Territory for Boiler Manufacturer: Sales and service
Support & Training:
As needed
Reason for Selling:
Pursue other interests

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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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