Details

This $16.8M HVAC company has experience in public as well as private projects, including, but not limited to, schools, utility plants, hospitals, transportation hubs, office buildings, malls, manufacturing, and assisted living facilities. With its own union shop, the company installs fans, cooling towers, chillers, pumps, boilers, air handling units, ventilators, and more. An excellent reputation and an outstanding customer service track record are why general contractors, architects, engineers, and developers keep coming back, after 30 years, to work with this well-established HVAC contractor. The company showed resilience throughout the pandemic and has/is taking steps to put itself in an even better position in the coming years. There has been a concentration on doing design/build jobs as they are very profitable. In addition, an increase in both DPMC and bonding authority (granted in mid-2021) allows the company to almost triple its work capacity for both public and private work. The company is very competitive on public work which requires union workers, and also allows for doing a limited amount of non-union work.

The facilities include 9,500 square feet between an administrative building, a warehouse, and a fabrication shop.

Although there are local competitors, this business has unique experience and advantages that help it win jobs. The owner has identified several growth opportunities that will be shared at the appropriate time.

The Owner wishes to retire. He is willing to stay on for several years to assist in a smooth transition and to ensure the continued success of the business.

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