Commercial Fabrication/Insulation HVAC Contractor with $2.35M Backlog
This firmly established (28 years) Commercial and Industrial Insulation Company is highly profitable and well-suited for growth and expansion. Based in the greater Baltimore-Washington area, the company is renowned for both its outstanding service and the quality of the insulation work the firm provides. Buyer will acquire a strong local presence with solid customer list.
Key features of the business:
Committed backlog report for all un-billed jobs as of August, 31 2023 is $2,355,148.
Strong gross profit margin averaging 46.6 percent
Good relationships with clients and a high number of jobs from repeat customers
Growth industry in a fast-growing geographic region
Seller who is willing to train and assist the buyer with a smooth transition
All operational procedures established
ASKING PRICE: $1,700,000
Cost of Goods Sold
Gross Profit Percentage
Seller’s Discretionary Earnings
*Years the business was impacted by COVID
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Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.
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