HVAC Test, Adjust and Balance Company for Sale #1867

List Price:
$1,300,000
Revenue:
$890,000
Cash Flow:
$404,000
Region:
Florida
Location:
Florida

Overview:

  • This longstanding HVAC test, adjust and balance business has been serving customers in the Florida market for decades.
  • The customer base consists of mechanical contractors and facility owners of medical facilities, colleges, correctional institutes, office buildings, restaurants, government facilities, and many more. Many of the business’s customers are recurring year to year.
  • The business is well staffed with multiple tenured technicians.
  • The business has a 4-year CAGR of 23% which can be attributed to new customer acquisition and customer expansion.
  • This business presents a strong opportunity for a strategic buyer seeking to expand its market share in the growing Florida market, specifically those that are NEBB or AABC certified.
  • Current ownership is open to discussions regarding continued involvement and leadership in the business post-transaction.
  • Buyers should have prior experience in the HVAC/mechanical contracting industry.
2024 (Jan-Aug)
Revenue:
$678,000
Cash Flow:
$378,000
2023
Revenue:
$890,000
Cash Flow:
$404,000

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Your Listing Advisor.

Andrew Hakkarainen

Andrew Hakkarainen

Associate Partner

Andrew was born in Atlanta, Georgia, and grew up in Tampa, Florida. He attended Florida State University’s College of Business and received his Bachelor of Science degree in Finance. Andrew was a member of the Seminole Student Boosters and various other school organizations and continues to remain involved in alumni activities. During his time at FSU, Andrew discovered his passion for finance, accounting, and business development. Andrew also obtained his Florida Real Estate Sales Associate License.

Upon graduation, Andrew began working in corporate sales and credit management for a Fortune 500 company. Through his experiences working with the company’s upper management, Andrew further enhanced his analytical and problem-solving skills. Andrew had the opportunity to work with many small business owners and through these experiences, he developed a deeper understanding of the challenges that small business owners face and grew his admiration for their dedication and passion for what they do.

Andrew has dedicated himself to expanding his knowledge and capabilities in the M&A industry. By working with lower middle-market companies in various industries, Andrew has enhanced his skills in financial analysis, exit strategy development, business valuations, financial and legal due diligence, and overall business operations. Andrew’s determination and experience has allowed him to understand the importance of his responsibilities and drive his desire to provide the highest level of value to his clients and the Viking M&A team.

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