Commercial Mechanical Contracting Company
Location Maryland,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3392581
Net Profit / Cash Flow $445180
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1953
Number of Employees 6 - 9
Inventory 15000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Will train 4 weeks at no cost, after that on a consulting basis.
Reason for Sale Retirement.
Description Selling Price: $1,200,000. Well established, full service mechanical contracting business started over 50 years ago and employing 10 people; 8 field technicians and 2 administrative people. Owner holds a master's license in Maryland and Virginia with 45 years of experience in this business. Company's employee base is seasoned and experienced with only one with less than 10 years experience in the industry.
The company operates primarily in high growth Southern Maryland and Northern Virginia. Customers are a select group of private building owners, local governments and some of the best commercial building contractors in the region. Since starting to focus only on commercial new construction in 2005, the business has increased significantly, experiencing better than industry average profits in past three fiscal years. Today 100% of the business is with commercial new construction via good relationships with general contractors who often give a ''last look'' on bids. From the bid process to the final turn-over of the project, the company takes great pride in their work and provides great value.
Continued growth can come from bidding on more work, expanding into mechanical services currently subcontracted or starting a service department. The company does no marketing and relies solely on word of mouth advertising. Contact for more information on this Contracting company for sale.
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