MAJOR HVAC DESIGN, MANUFACTURE, INSTALLATION AND SERVICING CO. WITH RECURRING REVENUE
(HVAC, Industrial; Service, Contract Manufacturing; Metal Fabrication; Installation)
New York, New York
Listed Price: $ 9,950,000
Listing ID: XCNY111062
Listing DetailsGross Revenue: $ 28,000,000
Cash Flow: $ 2,500,000
FFE: $ 350,000 (Included in Price)
Real Estate: $ 6,000,000
Inventory: $ 125,000
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
THIS HVAC DESIGN, MANUFACTURING , INSTALLATION AND SERVICE COMPANY ENJOYS THE BEST REPUTATION IN THE NEW YORK METRO MARKET. Major Clientele include Hi-Rise Office and Major Hospital Buildings,Major Utility Companies and various Government Establishments.
THE BUSINESS IS BEING OFFERED AS AN ASSET PURCHASE.
Historical Summary:
IN BUSINESS SINCE 1986 WITH A GREAT REPUTATION.
Owner Qualifications:
SINCE THIS COMPANY IS COMPLETELY SELF CONTAINED AND IS A TOTAL VERTICAL OPERATION WITH GOOD MANAGERS IN PLACE, IT IS POSSIBLE TO ACQUIRE THIS COMPANY WITHOUT A GREAT DEAL OF INDUSTRY EXPERIENCE.
Competition:
A LEADER IN THE FIELD.
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: NEW LONG TERM LEASE OR PURCHASE THE PROPERTY
Monthly Rent: $ 30,000
Square Footage: 15000
Type of Location: Stand Alone
Facilities:
THE COMPANY OCCUPIES A BEAUTIFUL MAIN BUILDING . THE ENTIRE PREMISES HAS BEEN CUSTOMIZED FOR THIS BUSINESS. THERE IS AN ADJOINING WAREHOUSE AND MANUFACTURING FACILITY AS WELL.
THE PROPERTY CAN BE PURCHASED FOR $ 6M OR A LONG TERM LEASE CAN BE NEGOTIATED.
OperationYear Established: 1986
Days & Hours of Operation: 8-5 M-F
Employees: Full Time: 65
Managers: 4
Absentee Owner: No