Respected Commercial HVAC Co. Serving Niche MarketListing: #PAE00305
About this Business for sale in Central PennsylvaniaRespected Commercial HVAC Co. Serving Niche Market
This respected Commercial HVAC Company has experienced rapid growth and strong profitability in its over thirteen years in business. It includes two business units operating in the same market with similar products and services, and enjoys strong relationships with niche clients for sale and installation of commercial HVAC units. The Company specializes in prevailing wage projects with namely educational institutions including K-12 schools and colleges and universities.
The Company typically has three or four active projects going at any given time, and has built a two-year backlog of future projects. This steady revenue and the large available market provide a prospective buyer confidence around reliable future growth, and suggests the company has cultivated strong relationships with local clients. Approximately fifty percent of the company’s projects are new installations while the other fifty percent consist of replacement unit installation. The average project brings $6-7mm in revenue along with strong profitability.
The Company operates in two different facilities, which are also available for purchase. The first property is a leased office space, while the second property is a 67,000 square foot warehouse space.
One of the Company’s strongest assets is its team. The team has built strong ties with its clients based on quality work and responsiveness. These relationships are likely to transfer to the new ownership group following the sale of the Company.
This investment could be attractive to a strategic buyer looking to enter this niche market or to expand its products, services or geography. It could also be attractive to a financial buyer as a platform or add-on investment.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.