Skip to content

HVAC Sheet Metal Company for Sale

Price: $1,100,000

Industry: Construction, HVAC

Location: New Jersey

The Company is involved with Heating, Ventilating and Air Conditioning Systems, 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. They have done many successful projects for large companies at multiple locations. 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 consistent. The company currently has a backlog of work in progress of approximately $9.2 Million that is included in the sale price. Their employee count ranges from 20-50, depending on their workload. 

Employees:23

Facilities: Company is located easily accessible to all major highways. Ample parking is available.

Competition: Company has cutting edge technology that provides them with a competitive edge. Competition is present, however, this company’s reputation for quality work stands it apart from its competitors.

Growth & Expansion: They are currently working on new Acquisition business and are in the process of obtaining lease space to help them establish another location to better grow their market share.

Reason for Selling: Retirement

Listing Details

Reason For Sale:

Seller will retire after providing a transition.

Location

Facilities Information:

8000 Sq Ft Includes Offices, Drafting Room for 5 people and Operating Shop with machinery.

Summary

Historical Summary:

Buyers assuming all debt, and AR
Debt is 2.6m
A/R is 2.8m
Owners SDE is 300k, plus 400k in company profit.
Having owner stay on and pay him 150k, will leave the new owner with 550K in earning .
550 x a multiple of 2 = 1.1mm asking price.
Buyer will have 90% of business and owner to own 10%.

Scroll To Top