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Mechanical Hvac Fabrication & Sheet Metal
Location: United States -> California -> 2600000
Industry: Business Services > Other Services




Business Summary

Working mainly on dry side HVAC projects and custom sheet metal fabrication, this business has over $5MM in assets and $15MM in backlog. The well-trained team of 41 full-time employees can design, fabricate, and install systems that meet the needs of its customers. General contractors are the largest client base and projects occur in schools and commercial properties such as restaurants and retail outlets. Utilizing state-of-the-art technology as well as over $800,000 in tools and equipment has allowed this company to remain highly regarded and on the cutting-edge of the field over the 27-year history. The owner is nearing retirement and is willing to stay on for 1-3 years to ensure a smooth transition and continued success.

The team of forty-one is composed of project managers, estimators, foremen, service technicians, and support staff. A member of SMACNA as well as local unions, all non-office staff are proud union members and the service area is strictly dictated by negotiated union territories. The current owner has financial oversight and acts as a superintendent as needed.

The building features 26,000 square feet of shop, office, and storage areas. In a highly desirable location, the space is available for continued lease with a new agreement aligned with area market rates.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $17,390,901
Cash Flow:   $898,815
Cash Flow Type:  EBITDA
Inventory:  5.3MM
Seller Financing:  Not Disclosed

About The Business

Year Established:  1991
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The owner is willing to stay on 1-3 years
Reason For Selling:  Retirement




Print Listing Id: 700335578
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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