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Asking Price:	Not Available
Business for Sale Industry:	Services: Construction, Contractors
Year Established:	1999
# of Employees:	11
Yearly Revenues:	$2,500,000
Yearly EBITDA:	$197,000

Business for Sale Overview:

The March Group, LLC currently represents a successful and well-established full spectrum HVAC contractor, fulfilling a wide range of mechanical contracting needs for a major Midwestern market. Offers full scope design/build, modification and pipefitting services, from draft and layout to full field installation, for commercial and industrial HVAC, ventilation, and process piping. Undertakes a healthy diversity of projects, including jobs for the new construction (40 percent of 2007 revenue), renovation (30 percent), service/maintenance (20 percent), and tenant finish (10 percent) markets. An ever-growing service portfolio includes 30 to 40 recurring revenue-producing service contracts, and the market exists for a more prominent service division to capitalize on even greater growth opportunities. Benefits from a highly skilled union labor force, with minimal turnover to report. One of only a handful of LEED (Leadership in Energy and Environmental Design) Green Building approved contractors in the local market. 2007 performance was very strong, with revenue nearing $2.5 million and EBITDA surpassing $236,000. Revenue is forecast to increase from $2.75 million in 2008 to more than $4 million in 2012, representing a 10% CAGR. Duct work is currently outsourced to local sheet metal shops; an investor willing to bring manufacturing in house could substantially widen profit margins. The founding President, who holds deep connections in the local market, would be interested in retaining a management position.

Property Features and Assets:

Lease a 6,000 sq. ft. facility (2,000 sq. ft. of office and 4,000 sq. ft. of warehouse space).

Market Competition and Expansion:

Management believes that, given the appropriate resources, the Company could easily leverage its existing relationships and expertise to increase its commercial/industrial business and continue to expand the service division. Additionally, new owners willing to accept greater risk and take on larger projects or invest in an in-house sheet metal shop could substantially increase revenue.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.