Listing Number: 090122-438857
Description
Strong Recurring Revenues - Business & Home HVAC (Electrical Works) Maintenance Services Company With Consistent Revenue For Sale!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.
EFFECTIVELY SERVICING THE GREATER ANNAPOLIS METRO AREA!!!!!!!!!!!!!!!!!!!!!!!!!!!! HIGHLY PROFITABLE. IT IS IDEAL FOR AN ACQUISITION FOR ANY BUYUERS FROM THE SAME INDUSTRY OR SOMEONE WANTS TO GET INTO THE HIGHLY PROFITABLE STAPLE BUSINESS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Established in 1993, this well-reputed electrical contracting business has thrived as a family-owned enterprise. The company expertly balances commercial (95%) - 60-70 % (refrigeration works, including the sale of new walk-in coolers and ice machines, to major retailers, gas stations and leading franchises to name a few) and the remainder percentage (30-40%) of the business comes from commercial heating and air conditioning services (HVAC), including the residential customers heating and air conditioning for home owners works/projects. Always ahead of the curve, the business also offers installation of commercial refrigerators for both residential and commercial clients, alike since inception, enjoying brilliant customers royalty. Located in a high-growth area, the company continually serves the existing customers, and in a planful manner expands with new accounts, benefiting from a largely affluent clientele that ensures recurring revenue through maintenance contracts all year round. With a strong relationship history, the business is primed for seamless transition to new ownership. The retiring owner leaves behind a fantastic portfolio of high yielding satisfied customers base, ready to uphold the company's reputation for excellence and a promising future.
The business for sale is the only approved service and supplier of particular electrical products that the military uses on their equipment. The equipment needs to be consistently fixed, serviced and re-built or replaced with the brand new ones. There are contracts already in place through 2025. Currently the owners do most of the work but their is enough cash flow, you could replace them with new hires or run as an owner operator. It is preferred that the new owners have a similar experience in commercial refrigeration and HVAC services or are comfortable running this type of business with or without employees. Not only is there consistent cash flow right now but their are several areas that could grow the business.
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This is an excellent opportunity for an investor or a strategic buyer looking to acquire a successful business with a strong foundation, an excellent reputation and room for growth. The owner is retiring but willing to stay on for a transition period to ensure a smooth handover. This highly reputable electrical contracting business specializes in commercial, industrial, and residential projects. Established in 1993, this Maryland-based company has built a solid reputation for delivering quality work, evidenced by long-term relationships with a loyal client base.
FIRST CLASS SERVICES OFFERED TO A LOYAL CUSTOMER BASE, INCLUDE:
Electrical Services include (repairs, installations and replacements),
-Generators
-Circuit braker installations
-Circuit breaker repair and replacements
-Panel replacements
-Shop/home improvement and code correction
-HVAC SERVICES INCLUDE:
-Air conditioning
-Air conditioner installations
-Air conditions tune ups
-Air condition repairs
-Ductless Mini Splits
-HVAC inspections and maintenances
-Heat pumps
-Heat pump installations and maintenances
-Heat pump replacements
-Furnaces
-Furnace installations and repairs
-Electric and gas furnaces
-Boiler installation, repair, and maintenance
KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND
Evidenced by the company’s historic consistent yearly revenue and net income growth, the ongoing performance during 2024 is strong and the owners are projecting sales growth to be 13-14 percent for the full year with net income being intact yoy.
KEY FINANCIAL & BUSINESS HIGHLIGHTS 2023
Sales: $ 418,556.00
Net Margins: 25.83 %+/-.
Sellers Discretionary Earnings (SDEs): $ 108,974.00
YOY Topline Growth Rate: Growing
Revenue and Net Income/SDEs Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Other HVAC related services and clients including industrial and homeowners especially for the high-end properties
Clientele: Commercial 95% (refrigeration and HVAC) , Residential 5%
Overall Customer Quality: Excellent and reviews 5++
Overheads: No brick-and-mortar overhead
Payment Quality: Excellent
Customer Concentration Risk: Low, Well Diversified and Great Mix
Ideal Customer: Referrals - Existing /Repeat Customers as well as new customers in Annapolis (Ann Arundel County) markets
Inventory: $10,000 (approx.), included in the asking price
Trade/Accounts Receivables: $ 27,000.00 (plus) (Aging 1-30 days)
Quality of Receivables: Excellent
Property Status/Lease: Owned by the owner/sellers
Employees/Contractors (including owners): Manager: 1 Full time: 2 Part time: 0
Sellers Support & Training for Buyers for smoother transition: 4-6 Weeks
Hours of operation: MON-FRI: 9AM-5PM (SAT-SUN: Off)
Reason for sale: Retirement
A good business for cash flow value investors.
Proof of Funds Required (Upfront).
Seller financing: Available (If needed)
CORE COMPETENCES
- Client-Centric Approach: The company excels in understanding the distinct refrigeration and HVAC services requirements of its clients, creating customized solutions. This client-centric approach has fostered a loyal customer base across diverse sectors.
- Customers: The company provides refrigeration and HVAC services to a diverse range of clients, through contracts, some of which have been in place since its founding in 1993.
The company has developed a strong reputation for reliability and adaptability, with many agreements averaging between 1 to 3 years.
- Growth Opportunities: Company has significant growth potential through a structured marketing strategy including the digital marketing campaigns to boost visibility and attract more clients by expanding offering services to events and entering neighboring lucrative areas including PG and Howard counties which can further enhance its client base and market presence.
FOR SERIOUS BUYERS ONLY
Business and property can be purchased together or on A STANDALONE BASIS/SEPARATELY. Buyer should have some knowledge of this well-established and growing industry. THIS BUSINESS WILL NOT BE AVAILABLE FOR LONG. All bona fide buyers please send appropriate financials, resume and proof of funds and you will have a response. This is AN IDEAL OPPORTUNITY for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the business with a landmark property, as well as who is looking to add another business into their existing portfolio of companies in this line of business or allied industry.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUE
This once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.
ATTENTION BUSINESS OWNERS & POTENTIAL SELLERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses ANYWHERE in the USA. If you have any interest in selling your business at this time or in the near future, please contact soon. Our buyers are already prequalified and SBA LENDERS Approved and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
IF INTERESTED PLEASE CALL: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown Washington DC & Annapolis, Maryland) at Cell (202) 509 3739 / (443) 968 1411 / (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & we shall respond soon.
Listing Details
- Price: DH 250,000
- Down Payment: DH100,000
- Sellers Discretionary Earnings: DH 108,974
- Total Sales: DH 418,556
- Location: Anne Arundel County, Maryland
- Inventory: DH 10,000
- FF&E: DH 0
- Employees: 1
- Year Established: 1990
- Reason for Selling: Retirement
- Category:
Business Listed By:
- Aamer Chaudhary
- Phone: (202) 509-3739
- Email: achaudhary@tworld.com
