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Hvac Sheet Metal Co Wants Majority Buyout For Sale

New Jersey, US
Asking Price:
$750,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,216,298 (USD)
Cash Flow:
$478,935 (USD)

Here is a great opportunity for someone to buy into this company as a majority owner at a great price. The owner would like to stay on and help grow the company.
The company was started in 2007 to fill the need for quality HVAC services. The company is involved with, but are not limited to, Heating Ventilating and Air Conditioning (all kinds), Air Direct Construction, Budgeting and Estimating Services, HVAC Management, Value Engineering and Design, Mechanical Coordination and Consulting.

Since inception, the company has worked with General Contracting companies such as: Turner, Torcon, Structure Tone, Hunter Roberts, and many other high profile companies. In 2009, they developed a close relationship with a major Pharmaceutical company. They have done many successful projects for them at their Northeastern US plants.

Past and current projects include; pharmaceuticals, colleges, office buildings, retail chains, warehouses, and schools throughout New Jersey and New York State, with experience managing contract amounts ranging from $10K to $4 million. Sales for the previous two years have been in the $6 million range.

Their employee count ranges from 20-50, depending on our workload. They employ sheet metal workers from Local Union, and occasionally from other local unions depending on the territory of their projects.

The company currently owns shop space in New Jersey, have approximately 8,000 square feet of space. This is made up of offices for estimating and drafting, as well as their Fabrication Shop and outside storage for their delivery trucks. The Draftsmen use industry-specific CAD software to design the projects and submit to the fully automated shop. The Shop is equipped with a full coil line, plasma cutter, roll formers, brakes, welders and all necessary small tools to fabricate just about anything. They estimate the current market value of their machinery, equipment, and vehicles at $600k.

Property Information

Real Estate:

Lease

Size in square feet:
8000 SQ Ft

Business Operation

Reasons for selling:

Retirement of Seller

Employees:
23
Years established:
2007

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing is available to qualified buyer.

Furniture / Fixtures value:
$600,000 (USD) - included in the asking price
Inventory / Stock value:
$50,000 (USD) - included in the asking price

Contact Information

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