Premier Mechanical Insulation Contractor w/ $1.85M Backlog

Washington, DC (District of Columbia County)

Premier Mechanical Insulation Contractor  w/ $1.85M Backlog
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Asking Price: $1,700,000

Cash Flow: $462,216

Gross Revenue: $3,166,277

EBITDA: $462,216

FF&E: N/A

Inventory: N/A

Rent: $4,600 /Month

Established: 2000

Premier Mechanical Insulation Contractor w/ $1.85M Backlog

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Business Description

Profitable Mechanical Insulation Contractor with $1.85 M Backlog

This firmly established 19 year-old commercial insulation business in the Baltimore-Washington area is highly profitable and well-suited for growth and expansion. The company is renowned for both its outstanding service and the quality of the insulation work the firm provides. Buyer will acquire a strong local presence with solid customer list.

Key features of the business:
- Committed backlog report for all un-billed jobs as of 6/30/19 is $1,848,265

- Strong gross profit margin averaging 40 percent

- Great relationships with clients and a high number of jobs from repeat customers

- Growth industry in a fast-growing geographic region

- Seller who is willing to train and assist the buyer with a smooth transition

- All operational procedures established

Detailed Information

Location:
Washington, DC
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
N/A
Employees:
20-30
Facilities:
The company leases 4,800 square feet of office/work/storage space
Support & Training:
The owner is willing to stay on in a consulting capacity for an agreed upon period of time.
Reason for Selling:
Owner wishes to retire
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Harvest Business LLC

Business Listed By:
Harvest Business Advisors

Harvest Business Advisors

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