HVAC & Mechanical Contractor In VA For Sale

Business description

Bundy Group, M&A Advisors, is pleased to offer for sale a commercial HVAC/Mechanical Contractor. This C-corporation has grown from several partners to over 30 employees. Primarily a mechanical contractor, the business has the capability to provide industrial and commercial plumbing, heating, air conditioning, process piping and backflow preventer installation and testing services. The company has a full sheet metal fabrication shop with a plasma table and coil line operations. Over the years, the business has grown on word of mouth with little or no advertising as almost 100% of the business is referral or repeat work. Current backlog is over $3.0 million.Bundy Group, M&A Advisors, is pleased to offer for sale a commercial HVAC/Mechanical Contractor. This C-corporation has grown from several partners to over 30 employees. Primarily a mechanical contractor, the business has the capability to provide industrial and commercial plumbing, heating, air conditioning, process piping and backflow preventer installation and testing services. The company has a full sheet metal fabrication shop with a plasma table and coil line operations. Over the years, the business has grown on word of mouth with little or no advertising as almost 100% of the business is referral or repeat work. Current backlog is over $3.0 million.

Property information

Premises details:

Company owns a 10,000 sq. ft. warehouse and a 2,400 sq. ft. attached office building, which houses the current business. Ample room to expand the building to accommodate additional revenue growth. Real estate is not included, but is availaable for sale.

Other information

Expansion potential:

Company has several opportunities to grow the business and increase revenue. Assigning an additional employee to handle service contracts would allow more consistent cash flow. Expanding into other geographic markets possible.

Competition / Market:

Limited in local area.

Support & training:

Seller would be available to assist in the transition for up to one year.

Reasons for selling:

Retirement.

Financing available:

Owner would be prepared to finance portion of the purchase price.

Furniture / Fixtures value:

$350,000 (included in the asking price)