Asking Price: $265,00040 yr Old, Profitable Electrical &HVAC Co Cashflow
Not Disclosed, MD
Anne arundel County
Strong Recurring Revenues - Business & Home Electrical Maintenance Services Company With Consistent Revenue For Sale! This well-established, profitable business presents an exceptional opportunity for growth and sustained success in a lucrative market.EFFECTIVELY SERVICING THE GREATER ANNAPOLIS METRO AREA! HIGHLY PROFITABLE. IT IS IDEAL FOR AN ACQUISITION FOR ANY BUYUERS FROM THE SAME INDUSTRY OR SOMEONE WANTS TO GET INTO THE HIGHLY PROFITABLE STAPLE BUSINESS!Established in 1993, this well-reputed electrical contracting business has thrived as a family-owned enterprise. This Maryland-based company has built a solid reputation for delivering quality work, evidenced by long-term relationships with a loyal client base. The company expertly balances commercial (95%) - 60-70 % (refrigeration works, including the sale of new walk-in coolers and ice machines, to major retailers, gas stations and leading franchises to name a few) and the remainder percentage (30-40%) of the business comes from commercial heating and air conditioning services (HVAC), including the residential customers heating and air conditioning for home owners works/projects.For customers, the electrical and HVAC equipment need to be consistently fixed, serviced and re-built or replaced with the brand-new ones. Currently the owners do most of the work and hire subcontractors according to the need of the works, and there is enough cash flow, you could replace them with new hires or run as an owner operator. It is preferred that the new owners have a similar experience in commercial refrigeration and HVAC services or are comfortable running this type of business with or without employees. Their electrical services not only empower franchise and other businesses owners to excel in their local markets but also play a crucial role in maintaining the safety and functionality of homes and businesses in communities across the county.Always ahead of the curve, the business also offers installation of commercial refrigerators for both residential and commercial clients, alike since inception, enjoying brilliant customers royalty. Located in a high-growth area, the company continually serves the existing customers, and in a planful manner expands with new accounts, benefiting from a largely affluent clientele that ensures recurring revenue through maintenance contracts all year round. With a strong relationship history, the business is primed for seamless transition to new ownership. The retiring owner leaves behind a fantastic portfolio of high yielding satisfied customers base, ready to uphold the company's reputation for excellence and a promising future.ATTENTION MARYLAND STRATEGIC BUYERSThis business would make an ideal acquisition target for an established business in this industry looking to expand their footprint, but would also be an attractive turnkey opportunity for an owner/operator. There is a loyal and stable customer base with many long standing accounts with room for growth. The company has a great reputation in the market with a significant portion of their business coming from word of mouth and referrals. Ignite your entrepreneurial journey and strive for a bright future by becoming a part of everlasting success, where you can thrive in the essential electrical industry. A fantastic opportunity to continue providing essential services that help keep homes and businesses powered up and running smoothly. With this, you'll have the opportunity to spark success in the growing electrical industry which is worth $ 22.7 BN while benefiting from an established business model and a locally trusted brand.FIRST CLASS SERVICES OFFERED TO A LOYAL CUSTOMER BASE, INCLUDE:Electrical Services include (repairs, installations and replacements),-Generators-Circuit braker installations-Circuit breaker repair and replacements-Panel replacements-Shop/home improvement and code correctionHVAC SERVICES INCLUDE:-Air conditioning-Air conditioner installations-Air conditions tune ups-Air condition repairs-Ductless Mini Splits-HVAC inspections and maintenances-Heat pumps-Heat pump installations and maintenances-Heat pump replacements-Furnaces-Furnace installations and repairs-Electric and gas furnaces-Boiler installation, repair, and maintenanceKEY 3 YEAR HISTORIC FINANCIAL PERFORMANCE FACTS & YTD 2024 & BEYONDThe owner is looking to retire after running the business for 33 years and wants to ensure the next owner is set up for success. There is a history of stable revenue and cash flow with an average 3-year cash flow of $104,412. As evidenced by the company’s historic consistent yearly revenue and net income growth, the ongoing performance during 2024 is strong and the owners are projecting sales growth to be 13-14 percent for the full year with net income being intact yoy.KEY FINANCIAL & BUSINESS HIGHLIGHTS 2023Sales: $ 418,556.00Net Margins: 25.83 % /-.Sellers Discretionary Earnings (SDEs): $ 108,974.00YOY Topline Growth Rate: GrowingRevenue and Net Income/SDEs Trends: Consistently GrowingStrong Future Growth Opportunities by Adding Verticals: Other HVAC related services and clients including industrial and homeowners especially for the high-end propertiesClientele: Commercial 95% (refrigeration and HVAC) , Residential 5%Overall Customer Quality: Excellent and reviews 5 Overheads: No brick-and-mortar overheadPayment Quality: ExcellentCustomer Concentration Risk: Low, Well Diversified and Great MixIdeal Customer: Referrals - Existing /Repeat Customers as well as new customers in Annapolis (Ann Arundel County) marketsInventory: $10,000 (approx.), included in the asking priceTrade/Accounts Receivables: $ 21,000.00 (plus) (Aging 1-30 days)Quality of Receivables: ExcellentEmployees/Contractors (including owners): Manager: 1 Full time: 2 Part time: 0Sellers Support & Training for Buyers for smoother transition: 4-6 WeeksHours of operation: Monday - Friday: 9AM-5PM (Saturday - Sunday : Off)Reason for sale: RetirementA good business for cash flow value investors.Proof of Funds Required (Upfront).Seller financing: Available (for quality buyers with strong creditworthiness only)CORE COMPETENCES- Client-Centric Approach: The company excels in understanding the distinct refrigeration and HVAC services requirements of its clients, creating customized solutions. This client-centric approach has fostered a loyal customer base across diverse sectors.- Customers: The company provides refrigeration and HVAC services to a diverse range of clients, through contracts, some of which have been in place since its founding.The company has developed a strong reputation for reliability and adaptability, with many agreements averaging between 1 to 3 years.- Growth Opportunities: Company has significant growth potential through a structured marketing strategy including the digital marketing campaigns to boost visibility and attract more clients by expanding offering services to events and entering neighboring lucrative areas including PG and Howard counties which can further enhance its client base and market presence.A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION!THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUEThis once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.ATTENTION BUSINESS OWNERS & POTENTIAL SELLERSWe represent prequalified buyers/clients that are very interested in buying all types of businesses ANYWHERE in the USA. If you have any interest in selling your business at this time or in the near future, please contact soon. Our buyers are already prequalified and SBA LENDERS Approved and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.IF INTERESTED PLEASE Contact: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown Washington DC & Annapolis, Maryland) using reply to this ad button & we shall respond soon.​
Asking Price: $510,000
Asking Price: $695,000
