Full Service Mechanical Plumbing and HVAC Company For Sale

Business description

This Recession Proof Business is recognized as one of the fastest-growing and most highly respected Mechanical Merit Plumbing Companies in Southern California. This well established business, operating since 1989, specializes in Design/Build, Plan and Spec., Plumbing, Wet Mechanical Piping and Dry HVAC Systems. Experienced in all types of Commercial, Industrial, Institutional, Design-Build and Federal and State Government projects, Pacific Coast Mechanical boasts a staff with over 100 years of combined experience in the Mechanical Field operating under a prevailing wage Business model.

Pacific Coast Mechanical continues to experience consistent growth in revenues with focus predominantly on Federal Government projects of which they are a preferred/approved contractor. There are currently seventeen on-going projects with a total contract amount of $17.4MM. Government budgets for FY 2008-2010 present significant opportunities for potential contracts and cash flow as the business experiences gross profits hitting 27.20%. Recently awarded Federal Government contracts have enabled Pacific Coast Mechanical to weather current economic conditions and build a very profitable portfolio of future long term contracts.

The owner is willing to train a qualified buyer with experience in this industry possessing the required licenses for plumbing and HVAC. The Business is located in a strategically desirable location within close proximity to current and future contract sites. Experienced management and staff and prime industry reputation should support the continued proven track record of success this Company has maintained with positive growth projected available from a vast pool of current and future contract opportunities. SBA Pre-Approved.

Property information

Real Estate:

Lease

Lease terms:

5,093 sq. ft.
Rent = $3,900/month

Other information

Support & training:

Seller will provide training for 4 weeks at 40 hours/week.

Reasons for selling:

Retirement

Trading hours:

M-F 8-5pm

Inventory / Stock value:

$12,500 (included in the asking price)