Commercial Mechanical Contractor For Sale - Prince Georges County, Maryland, MD

PROFILE: Well Established For Last 50 Years, Select Group Of Customers.

AD/LISTING INFORMATION
Status: Available
State: Maryland
Location: Prince Georges County
County: Prince Georges
City: None Given
Primary Category: Service Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  132771
Seller Or Contact:  Jeffrey Hider
Primary Phone:  410-987-7062
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/10/08
Date Ad Last Revised:   10/10/08

FINANCIAL INFORMATION
Asking Price: $995,000
Down Payment: $200,000
Annual Revenue: $3,392,581
Annual Adjusted Net: $445,180
   
DETAILED INFORMATION
Franchise: No
Relocatable: Yes
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Current Backlog Of Contracts Is $5,980,000 Starting Between August 2008 And March 2009 Extending Into 2010.

The Thor Group Is Offering This Well Established, Full Service Mechanical Contracting Business Started Over 50 Years Ago And Employing 10 People; 8 Field Technicians And 2 Administrative People. Owner Holds A Master’s License In Maryland And Virginia With 45 Years Of Experience In This Business. Company’s Employee Base Is Seasoned And Experienced With Only One With Less Than 10 Years Experience In The Industry.

The Company Operates Primarily In High Growth Southern Maryland And Northern Virginia. Customers Are A Select Group Of Private Building Owners, Local Governments And Some Of The Best Commercial Building Contractors In The Region. Since Starting To Focus Only On Commercial New Construction In 2005, The Business Has Increased Significantly, Experiencing Better Than Industry Average Profits In Past Three Fiscal Years. Today 100% Of The Business Is With Commercial New Construction Via Good Relationships With General Contractors Who Often Give A “Last Look” On Bids. From The Bid Process To The Final Turn-Over Of The Project, The Company Takes Great Pride In Their Work And Provides Great Value.

Continued Growth Can Come From Bidding On More Work, Expanding Into Mechanical Services Currently Subcontracted Or Starting A Service Department. The Company Does No Marketing And Relies Solely On Word Of Mouth Advertising.

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