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New York, New Jersey, Connecticut,
and Eastern Pennsylvania

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(212) 686-5790

Pipe and Steam Fitting Contractors

Excelsior Business Group, LLC
For More Information Contact
Tony Torella
Excelsior Business Group, LLC
(212) 686-5790

Pipe and Steam Fitting Contractors

Industry Segment:
Contractor A/C & Htg
General Location:
New York City
Listing Number:
BBN-194313013

Purchase Information

Listing Price:
$490,000
Down Payment:
$490,000
Terms:

Financial Information

Gross Sales:
$1,604,182
Cash Flow:
$290,390
Equipment:
Not Incl.
Inventory:
0
Not Incl.

Other Business Information

Year Established:
Monthly Rent:
Square Feet:
Employees:
Days & Hours:
Is this a Franchise?
N
Home-Based?
N
Can be Relocated?
N

Business Description

This HVAC business, located in New York City, provides general contracting and sub-contracting services, specializing in pipe and steam fitting installation, service and repair. It is located in a region of the country that is experiencing substantial growth in the construction industry. Consequently, this business is positioned to grow and prosper with the right ownership. The company's primary source of work comes from the New York City School Construction Authority. Most of the work they do is in NYC public schools, colleges and universities. They are well-known in this area. At any particular time there is typically $250,000-$500,000 in "Work In Progress" jobs that have not yet been completed. These Work In Progress jobs will be included in the sale. The exact amount to be determined during negotiations. At the current time, the business sale would include $360,000 in uncompleted Work In Progress jobs. Based on an average margin of 18%, the profit projected for this work is $64,000.

Tony Torella
(212) 686-5790
(917) 881-1954
tony.torella@excelsiorbusinessgroup.com
Excelsior Business Group, LLC
555 Madison Avenue
5th Floor
New York, NY 10022
excelsiorbusinessgroup.com
Listing Number:  BBN-194313013
 

Last Revision:1/14/2021 2:45:00 PM
Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
Excelsior Business Group, LLC

Contact Tony Torella
(212) 686-5790

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