Commercial And Industrial Facility Systems
Location: United States -> Connecticut
Industry: Business Services > Other Services
Businesses for sale Summary
The Company is a Multi-faceted Commercial and Industrial Facility Systems, Installation and Services Firm For Sale. Primary business segments include supply and installation of HVAC equipment and systems, piping and plumbing systems, building controls, facility monitoring and other specialized facility systems. In addition to the supply and install segment, there is a service and maintenance division generating recurring revenue. It has a multi-faceted product offering and partner relationships with the top industry equipment manufacturers and is one of the largest non-union service providers in its marketplace. The current owner has been at the helm since 1979 though the business was established many decades prior. The Company caters to building owners, facility management companies, building contractors and builder/developers. It is positioned as a ”go to” Company capable of providing innovative highly complex systems, LEED Certified and alternative ”Green” Technologies. The business is experiencing fast growth and is capable of securing projects that many industry competitors are unable to handle.
Financials
Asking Price Range: $10.0M – $20.0M
Gross Revenues: $17,000,000
Cash Flow: $1,250,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $1,000,000
Seller Financing: Yes
About The Business
Year Established: 1952
Number of Employees: 100 – 200
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Yes.
Reason For Selling: Identify acquirer to pursue significant expansion opportunities.
