Opportunity to buy a multi-service HVAC electrical design and installation business in South Carolina. With an 80% recurring client base, an experienced team of 22 full-time office & field employees in place it has great potential for growth.
An overview of this business for sale
The portfolio of services encompasses complete mechanical, electrical, and automation design, installation, and maintenance, along with steel erection, concrete foundations, design-build, and heavy equipment installation. Less than 20% of business is new construction and the company has over 25 recurring clients coming from different industries.
It has existing government contracts with the city and the department of transportation. A few years ago the company started performing more mechanical services, which result in higher net income and profit margins.
This HVAC electrical design and installation company for sale operates from a 2-acre property that consists of 4 buildings. There is an ongoing demand for services throughout the year and lots of projects are completed within a 100-mile radius of the office.
This company for sale has many opportunities for growth through expansion into the mechanical side, which currently accounts for only nine percent of the business, but has a higher profit margin than the other services they provide.
