Northern New England Commercial HVAC Firm - Price Reduction!
Asking Price: | $34,600,000 |
Gross Revenue: | $30,000,000 |
Cash Flow: | $6,600,000 |
Established Year: | 1982 |
Leading Northern New England HVAC Firm
For sale is a well-respected and highly profitable decades old commercial HVAC company with revenue of more than $30M. Their current sales mix is approximately 80% new construction and 20% maintenance. Very secure and stable company with solid revenue and profitability results every year. No advertising necessary, as they are the “go to” subcontractor for a variety of general contractors doing work in government, hospitals, and other large commercial installs. There is enormous potential for increasing the maintenance side of the business, and room to grow in the current company-owned facility which will be sold separately “by owner” to the buyer of the business.
The current owners are flexible about transition details, and likely will be willing to stay on with the new owners if desired.
Gross Revenue and Cash Flow above reflect 2025 projection. Historical values for past 3 years are:
TTM Revenue = $18,061,623, TTM EBITDA = $3,428,533
FY 23 Revenue = $33,794,216, FY 23 EBITDA = $7,892,889
FY 22 Revenue = $27,020,510, FY 23 EBITDA = $6,068,166
There is very high demand for this business so interested parties are encouraged to act fast!