Description:

The opportunity is a heating, ventilation, and air conditioning (HVAC) and mechanical systems contractor. The company specializes in service, installation, and project management for commercial customers. The company also has recurring revenue preventative maintenance contracts contributing to approximately 20% of revenue.

Key Aspects:

Average gross profit margin and adjusted EBITDA margin of 41.9% and 18.9%, respectively, from 2020-2022
Approximately 20% of revenue is from recurring preventative maintenance contracts
Management estimates that 80% of revenue is derived from repeat customers.

Opportunities:

Expand into warehouse and distribution facilities to gain additional market share
Retrofit and modernize HVAC systems for increased filtering capabilities and energy efficiency
Search engine optimize the website to improve visibility and help target audiences find the company’s website

Headquartered:

Northeast US

Current Markets:

The company serves commercial customers in the real estate, industrial, healthcare, business services, and retail markets.

Real Estate:

The company operates from a 6,000 sq. ft. facility leased from an affiliated entity and is not included in the sale. Management is open to entering a long-term lease, and there is room to grow in the current location.

Shareholder Ownership:

The company is fully owned by a single shareholder who would like to pursue retirement. He is willing to remain with the company for a predetermined period to facilitate a smooth transition to new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

HVAC and Mechanical Systems Contractor with Recurring Revenue – BN000045373

HVAC and Mechanical Systems Contractor with Recurring Revenue – BN000045373

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