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Commercial HVAC Company

UT

Commercial HVAC Company
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Asking Price: $4,800,000

Cash Flow: $1,998,978

Gross Revenue: $16,765,684

EBITDA: N/A

FF&E: $891,827

Inventory: N/A

Rent: $0.00

Established: 2001

Commercial HVAC Company

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Business Description

One of the top HVAC companies in Utah, specializing in larger commercial projects. Operates throughout the Intermountain West, with 40% of business located outside of Utah. Key officers are remaining with the firm providing an easy transition. Ideal situation for a non-local firm to expand geographically into the area.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
100 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Headquarters provides adequate room for parking of vehicles and warehousing of parts and supplies. Freeway access is quick and easy from the headquarters location.
Competition:
There are naturally competitors in the Intermountain West providing HVAC installations for a variety of larger clients. However, there are only a limited number who have both the manpower, financial strength and experience to complete the larger jobs handled by this firm. There is more work available to the company than they can handle at this time, thus the presence of competitors in the market does not provide an obstacle to growth and profitability.
Growth & Expansion:
The subject business has grown substantially over the last several years and could grow faster still. Work in Progress is currently more than $27,000,000. The only growth limitation is the manpower and the financial capacity for starting up new jobs. A strong buyer with the cash availability to handle the start-up on new work could generate very substantial and very rapid new business growth. The Utah and Intermountain West is growing rapidly with no end in sight. Utah was again named by Forbes as the #1 state in the country for business.
Support & Training:
Will train for 4 weeks @ no cost. This firm is one of the leading commercial HVAC firms in the Intermountain West. They have a tremendous history in this area of completing large-scale HVAC installations for businesses, governmental groups, educational and medical facilities. City business licenses are required and certifications for various levels and types of HVAC installations are needed, but these skills and licenses are in place and operational.
Reason for Selling:
One owner wants to retire.
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Marvin Slovacek

Business Listed By:
Marvin Slovacek

Murphy Business & Financial Corporation

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