Price: $1,890,000
Location:
New York
Industry:
HVAC
Listing ID: 1421
View One Page Summary
**UNDER CONTRACT**
As environmental concerns and energy efficiency regulations continue to increase, there is a growing demand for high-efficiency heating solutions, presenting opportunities for manufacturers, suppliers and service companies.
For over 40 years, this company has specialized in servicing high efficiency gas condensing boilers with enhanced technology and mechanical skills. Through their long-standing and unique relationships with boiler manufacturers they are able to provide startup, commissioning of boilers and factory service for a number of manufactures. They boast long-lasting, customer relationships with consistent growth of their largest clients.
Located in a 2000 sq. ft. suburban office outside of NYC, this niche acquisition would be a perfect add on for an already existing Mechanical and/or HVAC company. They employ (2) FT mechanics and (1) FT junior mechanic who regularly attend technical classes conducted by leading manufacturers; other employees include office personnel.
The current owner is looking to retire, but will stay on as a consultant for a negotiated period of time to ensure a smooth transition.
SBA lender pre-qualified!
Listing Details
Revenue: $1,512,971
EBITDA: $321,239
FFE: $67,000 (Included in Price)
Inventory: $50,000 (Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
The seller would like to retire.
Training & Support:
Seller is willing to stay on as a consultant for a negotiated period of time to ensure a smooth transition.
Operation
Days & Hours of Operation: Monday - Friday / 8am - 5pm
Employees: 2 FT Mechanics and 1 FT Junior Mechanic
Location
Type of Location: Office
Square Footage: 2000 sq./ft.
Relocatable?: Yes
Facilities Information:
Located in a 2000 sq. ft. suburban office outside of NYC.
