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This highly successful HVAC, Electrical and Plumbing company, originally established in 1948, is now available for acquisition. Renowned for its innovation and reliability, the company has built a strong foundation in delivering 'single source' heating, ventilation, and air conditioning solutions. With a unique 'turn-key' approach to providing utilities to the 'edge,' the company has positioned itself as a leader in the commercial and infrastructure sectors.Must a buyer have the 'WBE' (Woman Business Enterprise) designation to keep the awarded contracts? No, none of the current contracts would be in jeopardy if the buyer does not have the WBE designation. How would the growth of the business be impacted if a buyer did not have the WBE designation? It is believed, but not known, that most (if not all) of the contracts would have been awarded without the WBE designation.What is the process to obtain a WBE designation if a buyer chooses to obtain it? WBE certifications are awarded at the state level and takes approximately 90 days to complete. Certification validates that a business is at least 51 percent owned, controlled, operated, and managed by a woman and the company has a place of business in the market area.Introduction to the attorney who oversaw the WBE designation available upon request.Are there other beneficial designations? Certifications are also available for minority-owned businesses and businesses owned by socially or economically disadvantaged individuals.Key Highlights:89% Growth: The business experienced remarkable growth from 2023 to 2024, showcasing its robust market position and operational excellence.$41M Signed Contracts: With over $41 million in contracts to be delivered in the next two years, the company ensures steady revenue for the foreseeable future. After signing NDA and qualification, sellers can show 2025 and 2026 projections. 2025 shows $22M revenue and $2.2M EBITDA . 2026 shows $31M revenue and $3.5M EBITDA .Future Projects: Recently secured a $41M project for 2025-2026, demonstrating its ongoing relevance and demand in the industry.We are running a process. After NDA and qualification you will see in depth information. We are asking for indications of interest now and expect to finalize an LOI by the end of February.Owners retiring due to health.
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