MergerPlace

Mechanical Contracting & Renovations

Maryland (Harford)


  • Asking Price: $880,000
  • Gross Income: $2,475,654
  • Cash Flow: $253,133
  • Real Estate: Not Disclosed
  • Inventory: $45,000
  • FF&E: $223,000
  • Listing ID: #206145
  • Established: 2000
  • Employees: 14 FT

Business Description

This is a multi-faceted mechanical and renovation business which can complete any type of home or commercial repair in-house. They offer a one-stop shop for customers who need construction, renovations, repair or maintenance. This business has been in operation since 2000 and has a customer database of 40,000 satisfied customers. This is a perfect opportunity for a business minded entrepreneur who wants to be in the mechanical or renovation business but does not have the technical understanding. With a highly trained staff of 14 full-time employees and managers, this is a great way for an existing business to expand its workforce.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Maryland
County: Harford

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 14 FT

Financial Information

Asking Price: $880,000
Gross Revenue: $2,475,654
Cash Flow: $253,133
FF&E: $223,000
Inventory: $45,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is currently located in an 8400 sq ft facility split between office and warehouse space. The building is available for purchase with the business.

Growth & expansion opportunities:

This business is primed for the right owner to take it to the next level. An existing business could easily fold this company into its current operation and increase its skilled workforce, or a new owner would have a turnkey company with instant cash flow. If more attention was given to sales and marketing this business would skyrocket.

Competition:

There is average competition in the immediate area; however, few companies provide all of these services in-house. Most competition has to subcontract a majority of the services to other companies.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. This company provides a wide variety of services: Renovation, HVAC, Plumbing, Electrical and Roofing is where a large portion of their revenue comes from. The following licenses are required to operate the business: HVAC, Master Electricians, Plumbing, Home Improvement.

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Business Listed By:

Justin Sandridge

Murphy Business Brokers