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Commercial Mechanical Contractor – HVAC, Plumbing

NJ

Commercial HVAC & Plumbing
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Asking Price: $3,500,000

Cash Flow: N/A

Gross Revenue: $10,776,866

EBITDA: $1,376,630

FF&E: N/A

Inventory: N/A

Established: N/A

Commercial Mechanical Contractor – HVAC, Plumbing

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Business Description

Business:
This quality business is a mechanical contractor providing turnkey design, installation and service of heating, air conditioning and plumbing for institutional, small and large businesses, commercial, industrial, logistics and distribution facilities. Their strong team and reputation leads to significant repeat business.

Summary Investment Considerations:
Capable of handling very large projects.
Established relationships and reputation for quality and on-time delivery of service.
Strong management team and skilled workforce.
Owners willing to remain for transition and longer.
Opportunity to leverage relationships to grow service division
Additional growth possible with design-build and retrofit business.
Strong presence in New Jersey, Delaware and Eastern Pennsylvania.
Diverse and well known customer base for referrals and business development.
Excellent relationship with customers and referral sources.
Reasonable price expectations.

2019 Six month results exceeding 2018 with strong bookings thru year-end.

Detailed Information

Facilities:
Leased facility.
Competition:
Great reputation for quality work and on-time performance results in job preference with end users and contractors.
Reason for Selling:
One owner ready to retire after transition. Others willing to stay longer term.
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Thomas W. Kerchner

Business Listed By:
Thomas Kerchner

BMI Mergers & Acquisitions

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