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Mechanical Advisory Firm: Recurring Clients are 90% of Revenue

CANADA

Asking Price: Gross: Cash Flow:
$11,750,000 $6,600,020 $2,416,800

Furniture and Fixtures Value:
$2,161,951 (included in the asking price)

Business Summary:
All labor is subcontracted out! This mechanical advisory firm has been serving major commercial clients since 1992 in HVAC, mechanical, and plumbing. Deemed an essential business amid the pandemic, this company’s largest customers are food processing facilities and Amazon distribution centers, with a strong foothold in the logistical and institutional sectors. Their highly experienced team has over 100 years of combined experience; it consists of the owner, who acts as General Manager, plus 1 Project Manager, 1 Estimator, 1 Office Manager/Bookkeeper, and subcontractors as needed (3 of which are exclusive to this company). Using proprietary software that tracks the breakdown of all of their costs for each individual project has set them apart from the competition; it allows them to be exceptionally cost-conscious and pursue jobs that match their skill set, while being cost-effective. Clients know this company will always stay on budget.Established in 1992, they are a legacy company in the construction world; they receive invitations from the contracting and construction communities to bid a job. The team is committed to seeing a job through from beginning to end, from the bidding process to coordinating the resources and installation needed for the project. Services include plumbing, heating, ventilation, air conditioning, sprinklers, industrial gas fitting, steam fitting, process piping, and pneumatics. This would be a fantastic bolt-on opportunity for a controls contractor, electrician, or civil contractor. Creating synergy between two companies would be an incredible opportunity to expand the market share and boost revenue.

 
   
   
Year Business was Established: 1992
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Lease: 4,000 sq. ft. space  
   
Potential Growth/Expansion: Great bolt-on opportunity for a business owner in electrical contracting field; Create synergy and expand market share  
   
Owner willing to finance: 15%  
   
Owner willing to train: 6-12 months  
   
Reason for selling: Retirement Planning  
 

 

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