Gross Revenue: $11,800,000

Cash Flow: $833,000

Cash Flow Comments: EBITDA

Founded over 10 years ago, The Company is a full service mechanical contractor for middle to large industrial and commercial projects. The Company is located in the mid-western United States. The Company is proud of their strong ties to clients and its reputation for quality work and attentive service. This commitment is represented in a strong customer retention rate of nearly 85%. With over 50+ active customer accounts the Company has a strong customer base. Over its history, the Company has developed a strong asset base of machinery and equipment, allowing multiple projects to be underway simultaneously, and get finished reliably and quickly. Management estimates the fair market value of the machinery and equipment at $2.5 million. The current management team is willing to remain with the Company during a transitional period to ensure a smooth transition to the new management group.

Highlights include:

• Sales have grown from $9,544,000 to $11,835,000 between 2004 and 2006 representing a CAGR of 11.3%
• Serves middle to large industrial and commercial projects
• Customer base of 50+ accounts
• 84% Rate of Repeat Business
• The Company has experienced a low employee turnover rate over the last 10 years
• Fully licensed to operate in multiple states
• The Company enjoys a longstanding reputation for its focus on safety, offering reliable expertise, providing superior customer support and meeting the needs of large, complex, fast track projects.
• Between 2007 and 2012 sales are conservatively projected to grow at a CAGR of 9%.
• Strong asset base of construction equipment and vehicles with an estimated $850,000 fair market value.