The Company specializes in tenant improvements, with a focus on HVAC solutions for luxury projects, warehouses, dealerships, and both large and small-scale office spaces. Serving the Las Vegas and surrounding communities, the Company offers both custom commercial HVAC design solutions and collaborates with existing engineered plans. The Company is a valuable partner for owners and general contractors looking to optimize project costs.
Headquartered: Nevada
Key Aspects:
• Adjusted EBITDA grew at a compound annual growth rate (CAGR) of 77.9% from 2020 to 2023.
• The Company has a unique business model of offering value engineering and design build to lower costs for end users/business owners.
• The Company achieves significant cost savings by manufacturing the majority of its rectangular and specialized transition ductwork in-house, enabling faster turnaround times for custom fittings.
• Management notes that approximately 45% of revenue in 2023 generated from repeat clients.
Current Markets:
The Company serves premier general contractors to provide top-tier HVAC solutions and tenant improvements for luxury projects, expansive warehouses, premium car dealerships, and large and small-scale office spaces in Nevada as well as specialized HVAC services for restaurants in Utah and Arizona.
Shareholder Objectives:
The sole owner is seeking a more balanced lifestyle and an eventual full exit from the Company. The owner would be willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Real Estate:
The Company operates from a 3,112 square foot facility that is leased from an unrelated third party. Management notes that the Company is easily relocatable.
