This business is a premier provider of cooling-tower and water-treatment services for commercial and institutional buildings across the New York City metro area. 100% of the revenue is commercial, with absolutely no new construction revenue and virtually all revenue coming from repairs and maintenance work. A very high percentage of the revenue is recurring.

The current owner is working 100% remote and it looking to sell the business to spend more time with the family and pursue real estate investments. Although he wants to sell the company, he is committed to ensuring a smooth transition period of 12 months.

With a 20+ year legacy operating under the same name, the company has become a trusted partner to top-tier property-management firms and mechanical contractors, delivering essential, high-margin services that ensure regulatory compliance, operational uptime, and tenant comfort. It’s important to note that although the company name has been in operation for over 20 years, there was a 6 year period during which the company name wasn’t used and the entity being sold right now has only been re-established as of March 2025.

The company operates in a highly fragmented yet high-barrier market where reputation, responsiveness, and relationships drive purchasing decisions, making this business a compelling acquisition target for private-equity investors or strategic HVAC consolidators seeking regional expansion.


Key Investment Highlights
- Trusted Legacy Brand: Over two decades of market credibility and access to Class-A buildings and national facility-management groups.

- Recurring & Essential Revenue: ~90% of work from repair and maintenance, non-discretionary, compliance-driven services.

- Blue-Chip Client Base: 75+ active clients including CBRE, Cushman & Wakefield, Brookfield Properties, Vornado, and EMCOR.

- High Margins & Lean Overhead: ~50%+ profit margin with minimal fixed costs and zero turnover among core technicians.

- High Barriers to Entry: Regulatory licensing, reputation-based access, and specialized technical know-how limit competition.

- Recession-Resilient Sector: Building safety and compliance requirements generate steady demand regardless of economic conditions.



Revenue Composition
90%+ of total revenue stems from repeat clients and recurring service contracts with property managers and mechanical contractors.

Service Category and Approx. % of Revenue
Cooling Tower Repair & Refurbishment - 23%
Water Treatment Service Contracts -14%
Duct & Pipe Cleaning - 20%
Glycol & Heat-Exchanger Work - 12%
Other Maintenance & Cleaning Services - 31%

Growth Opportunities
- Sales Expansion: Introduce dedicated sales staff to capture inbound demand and grow national-account relationships. The only way they’re generating revenue currently is via inbound inquiries.

- Cross-Selling & Partnerships: Integrate with HVAC or facility-management platforms for bundled services.

- Digital Marketing & Branding: Leverage reputation online to boost lead generation as all revenue is currently achieved via referrals.

Transition & Ownership
The owner seeks a full sale and is open to remaining post-transaction to ensure a smooth transition and operational continuity.