HVAC and Plumbing Engineering Firm

Mountlake Terrace, WA
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Gross Revenue:$2,500,000
FF&E:$50,000
EBITDA:$695,000
Established Year:1996
BUSINESS DESCRIPTION

Presenting an acquisition opportunity of a highly profitable consulting firm specializing in HVAC and plumbing engineering services, located in Seattle, Washington. With a primary focus on HVAC and plumbing design, the firm delivers a comprehensive suite of engineering solutions to a diverse clientele.

The firm's experienced team of engineers has successfully managed projects across a wide spectrum of sizes, scopes, and complexities, including multi-family developments and mixed-use residential buildings. A commitment to sustainable practices is central to the firm's operations, as they integrate environmentally conscious designs into every project. This dedication to sustainability positions the company as a leader in modern engineering solutions that align with environmental priorities.

This opportunity offers buyers the chance to acquire a well-established and respected firm with a proven track record, making it an ideal investment for those seeking to enter or expand within the HVAC and plumbing design industry.

Historically the firm has been without an Electrical Engineering component and a purchaser with these capabilities or ability to add an Electrical Engineer could significantly increase revenues.


DETAILED INFORMATION
Location
Mountlake Terrace, WA
Inventory
Not Included in asking price
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company leases an office space in the Greater Seattle area. In addition, management does allow for some work from home time.
Competition
The customer market consists of mixed use, residential, retail and municipal industries. There are over 100 customers with over 60% routinely being active and an over 80% of clients repeating use of the Company's services.
Growth & Expansion
Management sees growth potential by adding an electrical engineer as they have been turning away revenues from clients seeking an integrated MEP design solution. Also, expanding outside of the Pacific Northwest is a goal of the existing team.
Support & Training
Minority owners will stay on for extended period as they are growth oriented and not ready to retire. The majority owner would prefer to stay on for up to two years but open to other considerations.
Reason for Selling
Retiring
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Greg
Kelly
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Greg Kelly