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HVACR Contractor and Energy Efficiency Controls
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $3,250,000 | Real Estate: | n/a |
| Cash Flow: | $556,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The March Group currently represents two intriguing companies operating as one: a full line Heating, Ventilating, Air Conditioning and Refrigeration (HVACR) business and a building automation company that offers services designed to improve energy efficiency. The recent slowdown in the construction market propelled the growth of the Companies and allowed them to acquire qualified personnel. The HVACR business designs, services and installs systems for retail, industrial, government and commercial buildings – specializing in renovation and tenant improvement projects. The implementation of traditional engineering in non-traditional applications has distinguished this Company from the competition. The Building Automation business complements the HVACR portion by offering services for energy efficiency and control. Product offerings include design, installation, programming, commissioning and monitoring of system performance. Has been built on a solid foundation of quality work, offering services that coincide with the increasingly popular “green” movement sweeping the planet. The Companies posted revenue in 2008 of $3.25 million with EBITDA of $556,000 - representing more than 17% of sales. On track to hit projections for 2009 of $3.7 million in sales and $660,000 EBITDA, with steady growth projected through 2012. Sales are currently divided among government (37%), remodeling/new construction (58%) and industrial (5%) projects. Boasts a client base of 300 customers consisting of end users, building owners, engineers and facility managers in commercial, industrial, institutional and educational facilities
About the Business
Year Established:2001
Employees:20 full time -
Relocatable:Yes
Facilities:Companies operate from 1,400 sq. ft. of office space and 600 sq. ft. of warehouse space leased from the owners. The owners are willing to negotiate a continued lease or possible sale of the facilities.
Market Outlook and Competition:The addition of qualified employees has allowed the Companies to bid and accept work that resulted in more than 36% growth during 2007-2008. With the service sector of the business representing the most profitable area, development of a sales plan and sales team would allow the Companies to capitalize on growth. Building Automation Systems represents another opportunity for growth, with rising energy costs driving building owners to find more ways to lower costs.
About the Sale
Management Training and Support:The owners will provide necessary training for a smooth transition
KEYWORDS: HVACR, heating, ventilating, air, conditioning, refrigeration, building, automation, systems, government, residential, commercial, renovation, renovate, tenant, improvement, energy, efficiency, efficient, control, design, install, program, monitor, economic, green, remodel
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Industry: Manufacturing
Segment: HVAC Manufacturing Last Viewed: Operating AAMCO for sale - Bremerton (Seattle), WA
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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