Gross Revenue: $11,962,000

Cash Flow: $1,132,000

Seller Financing: 10% of the price

The Company is a mechanical contractor specializing in industrial piping, commercial plumbing, and wet side heating for commercial, multi-unit residential and industrial buildings and structures. The Company has had steady growth since its inception.
The Company has invested 20 years in the marketplace. It has gathered momentum each year by adding solid employees and a deepening customer base. 80% of the Company’s business is generated from repeat customers.

Year Established: 1988

Employees: 60 full time -

Facilities: The current facility consists of more than 3000 sq. ft. building exclusively used for offices and more than 6000 sq. ft. steel building used as warehouse and pre-fabrication area.

Market Outlook and Competition: The most significant advantage the Company has over its competitors is that almost 80% of the contracts awarded to the Company are through negotiations with customers, and not bidding. This process allows the Company to design the project to meet the budget of its customers without compromising its margin and quality of its work. The competitors, on the other hand, are very dependent on the bid specification market and therefore face a fierce competition from other contractors and thus compromising on their profit margin.

Management Training and Support: Management team will stay

Reason For Selling: Other business interest