Commercial HVAC Contractor

Commercial HVAC Contractor

Price: $3,950,000

Location: NY

Industry: HVAC, Commercial HVAC

Listing ID: 1202

View One Page Summary

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.

Listing Details

Revenue: $14,667,982

EBITDA: $641,634

Real Estate: (Not Included in Price)

Reason For Sale:

Retirement

Training & Support:

Owner has agreed to stay on for a negotiated period of time to ensure a smooth transition.

Operation

Year Established: 1985

Location

Monthly Rent: 22,000

Type of Location: Warehouse/Office

Relocatable?: Yes

Anthony Citrolo

anthony@thenybbgroup.com
631-390-9650 xt. 100
Address:
The NYBB Group
25 Melville Park Road Suite 82 Melville, NY 11747

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