Commercial HVAC & Electrical Contractor with 50 Year Track Record
Gross Revenue: | $11,400,000 |
EBITDA: | $770,000 |
This Company has experienced continued revenue and margin growth throughout the past fifty years in business. The family-owned business specializes in niche installations and service within the electrical, heating, and air conditioning sectors. The Company’s service territory is Eastern Pennsylvania typically within a ninety-minute radius of its headquarters. The Company owns all necessary equipment, including backhoes, dump trucks, a bucket truck, auger and crane truck, and motorized scaffolding, to complete any client request.
The Company primarily provides HVAC and Electrical services on new construction or refurbishment projects with some occasional plumbing and service work. Each project is completed through a highly skilled and trained employee base. Each employee holds between five and forty years of experience within the field, many of whom hold Master Electrician and Heating Contractor licenses.
The majority of the Company’s work is within the public sector, specifically projects within schools, military facilities, firehalls, VA hospitals, warehouses, and municipal buildings. Throughout the Company’s multi-decade history, it has built a reputable brand name enabling the Company to continually attract new clients and expand its customer base. The Company currently operates at an adjusted EBITDA margin of 6.8% yet expects to reach a margin over 8.0% by the 2025 fiscal year due to streamlined work processes and previous investments. Throughout the COVID19 pandemic, the Company increased earnings by 33% compared to the 2019 fiscal year prior. During the current 2022 fiscal year, the Company projects earnings to grow by nearly 34% compared to 2021.