Industrial Energy Business

Construction - Special Trades | Services - Other Miscellaneous services

Asking Price	$600,000	Inventory	$100,000*
Gross Income	$1,750,000	Real Estate	$350,000*
Cash Flow	$275,000	Year Established	1977
FF&E	$250,000*	Employees	19

* included in the asking price

** not included in the asking price

This well established and successful energy conservation business specializes in the insulation and jacketing of mechanical systems. It provides material and installation services for the full range of thermal, condensation control, protective jacketing, and personnel protection insulation applications. The company has extensive experience working in the industrial and commercial markets. It generally functions as a subcontractor to mechanical contractors. The company s impeccable reputation for quality workmanship enables it to receive contracts even when they do not submit the lowest price. This is an exceptional opportunity for a corporate or individual acquirer who wants to own a company dedicated to saving energy.

Facilities: The real estate includes three buildings consisting of a 3,000 square foot office and warehouse, a 1,140 square foot warehouse with loft, and a two story 5,680 square foot warehouse on one acre of land. The real estate is available for acquisition.

Competition: Because of the need for energy savings and conservation in manufacturing processes, the company s potential customer base is huge. There are over 27,000 manufacturers in New England, and over 18,000 in the company s primary market area. Many of these manufacturing facilities can benefit economically from proper thermal insulation of their processing and heating systems, condensation or acoustical control.

Growth/Expansion: As energy costs continue to rise, conservation becomes more important to building owners and most manufacturing processes. The need for the company s services has never been greater especially in New England where there are older manufacturing facilities. Significant additional revenue could be generated by pushing for more work in neighboring states and taking advantage of the company s favorable wage advantage.

Financing: Seller/Bank on Biz $400K; Bank $275K on RE; Down $275K; Working Capital $100K

Support/Training: Owner will provide transition train for a new owner.

Reason Selling: The seller is retiring after more than 30 successful years in business.