If you or your company have been searching for a great deal to acquire a "top-shelf" mechanical contracting company with over 30 years of experience this is your chance. Buyers you will need to Move Quickly to take advantage of this opportunity. The equipment (vehicles, heavy-equipment, etc.) and tooling owned by this company are all well maintained.

Note To Buyers: Seller said that buyer will need to hire the following in-house personnel to bid new work before the end of the year (to keep work in the pipeline for 2017).

The owner can possibly suggest some experienced estimators and project management people he knows that are familiar with handling large projects.

Services Provided:

* Commercial Plumbing:
* Piping And Fabrication:
* Commercial HVAC

NOTE: Only prospective buyers willing to sign a Nondisclosure Agreement and who have ample financial resources should inquire. A letter from the prospective buyer's financial institution for the purpose of verifying their ability to purchase may also be required before any sensitive financial or proprietary information will be released by the seller.

Detailed Information
Furniture, Fixtures, & Equipment (FF&E):Included in asking price

Facilities: Property and building owned by seller and constructed in 2007. Commercial building with 4000 sq. ft. of shop space, 2000 sq. ft. of supply storage and 2000 sq. ft. of office space = 8000 total square ft. There is plenty of room outside on the property for vehicles, heavy equipment, outdoor fab work and laydown areas. Wonderful location close to Columbus, OH and less than 1/2 mile off a major interstate. Proximity of shop is centered between Central and SE Ohio to service key markets for commercial construction projects within one of the most growing areas in Ohio.Competition: Columbus, OH is one of the most growing areas in the US and this mechanical contractor has been very successful providing commercial plumbing and HVAC services since 1983. Business is located in a wonderful location with close proximity to key city and rural markets in Central and SE Ohio.Growth & Expansion: This is one of the best acquisition opportunities we've encountered for a long time. The Columbus and surrounding counties are booming with new commercial construction and repair - retrofit projects. This company has shown some huge volume years up near 18 M and have found a sweet spot at around 8 M per year. The owner is retiring and decided to close up his operation at the end of 2016 (absolutely firm on this!). This is a union shop

This mechanical contractor's CURRENT top-line profile is:

* GC (90%) vs Owner Direct (5%) * New Installs (90%) vs Repair (10%) * Retrofit (0%) vs Service (0%) * Maintenance Agreements (0%) * HVAC Work: a) Sheet Metal & Piping (25%) vs c) Plumbing (75%)

NOTE: This company is a class act with a wonderful reputation. With the right new owner and supporting staff this business can quote dozens of jobs per week (they are still getting dozens per week and choosing not to bid).Support & Training: Owner will remain for 30 days to help buyer transition into the business.

* Owner also willing to hold licensure for trade services requiring a state of Ohio license for up to a 24 month period (this will also be negotiated based on the buyer's and seller's needs).

Reason for Selling: Retirement

Posted Jul 27, 2016

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