Opportunity Highlights
Annual Figures 2023:
- Gross Sales: $5,900,000
- Net Profit: $1,200,000
Expenses 2023:
- COGS: $1,514,968
- Salaries & Wages: $2,105,360
Business Overview
- HVAC & Electrical Contractor
- Located in Middlesex County, MA
- Company started over 40 years ago
- 30 employees - All W-2's, doesn't use many subs
- Owner is there 5 days a week but the business can run by itself
- Breakdown of employees available upon request
- Not a lot of employee turnover. There is a key man in the business.
- 90% residential 10% commercial
- Roughly 500K in assets coming with the business
- 3 licenses with the business
- Service area: Middlesex and Hillsborough county
- Breakdown of revenue available upon request
- Jobs come from Google, different platforms, and a lot of word of mouth because of how long the company has been around
- Not many new construction jobs
- Backlog normally about a month out to make sure they can service the clients properly
- No customer concentration
- Leases office space
- Seller note could be available based on the rest of the offer
- Approved up to $4,600,000 with SBA. Pre-Approval in financials link.
- 60-90 transition then can be available on a consultant basis
- Reason for selling: Owner had a plan to sell at some point and he feels this is the right time