Active
HVAC & Plumbing –Commercial – Northern New England
This mechanical contractor business has been operating since 1976. Current owners purchased from employing prior owner in 2005 and grew the business to current production of $3-4M annual gross. Both owners work in the business. One partner estimating and bidding projects and managing the staff of 12 techs including HVAC specialists, gas fitters, sheet metal installers, refrigeration techs, and plumbers. The other owner provides full-time office support. Project portfolio is exclusively commercial with several state and municipal projects. Approximately $6M of future business under contract. Bondable up to $5M. Facilities are leased with approximately 4000 sq. ft. of garage space and 1800 sq ft of office space. The 11 vehicles and other equipment are estimated at $220k.
Open 5 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition The seller is seeking retirement. SBA pre-approval is underway.
For more information, please contact mtorrens@inbargroup.com
• Asking Price: $1,500,000
• FF&E: $150,000
• Annual Cash Flow: $500,000
• Gross Revenue: $3,000,000
• Employees: 12 Full-Time
• Monthly Rent: $3,200
• Down Payment: Negotiable
• Open: 5 Days
• Building Size: 5,200 SQFT
• Established: 47 Years
• Reason for selling: Owner is seeking retirement.
Listed By: Omar Kettani
Open 5 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition The seller is seeking retirement. SBA pre-approval is underway.
For more information, please contact mtorrens@inbargroup.com
• Asking Price: $1,500,000
• FF&E: $150,000
• Annual Cash Flow: $500,000
• Gross Revenue: $3,000,000
• Employees: 12 Full-Time
• Monthly Rent: $3,200
• Down Payment: Negotiable
• Open: 5 Days
• Building Size: 5,200 SQFT
• Established: 47 Years
• Reason for selling: Owner is seeking retirement.
Listed By: Omar Kettani
Background information
Reference:
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Year established:
1978
Reason selling:
Seller is retering.
Finance
Sales:
$3,000,000
EBITDA:
$500,000
Operations
Employees:
12
Equipment:
Included in asking price $150,000
Premises
Location:
Concord, NH
Opportunities
Growth:
There is plenty of growth and expansion for the company.
Price and terms
Price:
$1,500,000
Training:
Seller will support and train to ensure a smooth transition.