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Commercial Boiler And Burner Sales With Service Co For Sale

Ocean County, New Jersey
Asking Price:
$7,495,000
Sales Revenue:
$5,455
Cash Flow:
$1,428,589

The Company is a full service manufacturer’s representative providing a full array of premium steam and hot water generation products, including boilers and burners, both domestically and internationally. The Company has exclusive domestic and international territories with some of the most prestigious and reputable manufacturers in the industry.

The Company also has an in-house service department and provides emergency service 24/7. All technicians are factory certified and have extensive experience installing, operating, maintaining and repairing all types of boilers, burners, related controls and accessories. The Company has recently begun providing turnkey Plant Operation services to its customers, which has become a fast growing and highly profitable part of the business.

Business Highlights:
• Well-established business with strong reputation, long-term customers and leadership position
• Exclusive contracts with vendors and high barriers to entry produce very healthy profit margins
• Highly-stable and price-insensitive blue-chip corporate and institutional customer base
• Participates in a high-growth industry driven by strong underlying demand and new regulation
• Nature of products and services make the business recession-resistant
• Technically-proficient, well-managed staff that address customer needs quickly and effectively

The seller is willing to stay on to help run the business for a transitional period or longer.

Growth and Expansion Opportunities
Management has identified a number of areas that would help the business further accelerate its growth. These include bidding on and winning more contracts for its highly profitable and fast-growing turnkey Plant Operation Services, increasing the service and maintenance business through service contracts, more active involvement in bidding for new projects, expanding base product offerings, entering the highly-profitable Mobile Boiler business, providing complementary plumbing and electrical services and hiring an additional salesperson to promote new product lines.

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Real Estate:

Lease

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