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.
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
Reason For Sale:
Seller will retire after providing a transition.
8000 Sq Ft Includes Offices, Drafting Room for 5 people and Operating Shop with machinery.