07 Jun Commercial HVAC Contractor
Industry: HVAC, Commercial HVAC
Listing ID: 1202
YTD Revenue (7/27/2023) $9.2 Million
YTD Adj. EBITDA (7/27/2023) $970,098
This is a premier service business engaged in the design, engineering, and installation of HVAC (heating, ventilation, and air conditioning equipment. Established in the early 80’s, the business has a operational history of over 3 decades with a track record and a strong reputation for delivering exceptional, professional, and efficient services. As such, it has grown over the years predominantly through word-of-mouth referrals and is trusted by a diverse range of clients from New York’s industrial, commercial and exclusive residential sectors.
The business is operated by a management team that has exceptional industry experience and career longevity in the business. Key staff members such as technicians, project managers, and estimators are also equipped with the proper qualifications, industry knowledge, and training in up-to-date practices and technologies.
For 2022 they have over $21M in contracts as works in progress; they are currently bidding on over $30M in work for 2022-23.
The owner is looking forward to retirement and has agreed to stay on to ensure a smooth transition to a new owner for a time period to be negotiated.
Real Estate: (Not Included in Price)
Reason For Sale:
Training & Support:
Owner has agreed to stay on for a negotiated period of time to ensure a smooth transition.
Year Established: 1985
Monthly Rent: 22,000
Type of Location: Warehouse/Office