Business Summary
Located in a major market on the west coast, this profitable company was founded over ten years ago by industry veterans. The company has seen steady growth over the last eleven years and has recently opened a second office in 2012 to facilitate its current growth. With 60 percent of its revenue generated from service contracts and the remaining 40 percent coming from new construction along with a turnkey management team, it is well positioned to take advantage of future growth opportunities. The current facilities have the capacity to support a threefold increase in production. Services range from HVAC, refrigeration, boiler and chiller installation and service to full service, design and installation of EMS, Mechanical Hydronics Systems and Co-generation plants.
Financial History
Revenues for 2013 were $7,357,193 with a corresponding EBITDA of $698,799.00 with a gross profit margin of 32.37%.
Growth Opportunity
The owners have identified nine growth opportunities. The company is poised for continued profitable growth with a new owner with a stronger capital structure in place. As the owners wish to remain with the company, the combination of nine growth opportunities, a turnkey management team and a new capital structure, would make this an excellent add-on to an existing platform company or a strategic buyer.
REVENUES EBITDA
FY 2013 $7,357,193 $698,799
FY 2012 $6,954,588 $540,297
FY 2011 $4,602,290 $487,120
FY 2010 $5,199,360 $383,350
Property Details
Other Business Details
Business Location:
The Company has two service centers to serve it customer base.
Competition:
The Company is located in a major market in N. California. Market size is 1 billion per year
Expansion Potential:
The owners have identified 9 growth areas for a new owner.
Business Operation Details
Trading Hours:
8:00 am to 5:00 pm Monday - Friday
Support & Training:
Owners wish to continue on with the business and will train a new owner for 60 day if they are not retained.
Miscellaneous Details
Reason For Selling:
Sellers are looking at a staged retirement