Established Electrical Contractor — Mid Atlantic Region

Established Electrical Contractor — Mid Atlantic Region

Company Profile:
• Company is 35+ years old
• Operations based in multiple locations
• Job sites from Baltimore to N Virginia
• Diversified revenue streams, includes recurring service revenue
• Proven business processes
• State-of-the art technology
• Average annual revenues $18.6m ($250k recurring revenue)
• Average normalized EBITDA $1.8m
• Backlog $11.5m
Benefits to Buyer:
• Consistent financial results (reviewed financial statements provided)
• Adherence to industry “best-practices”
• Experienced long-term key-management / supervisory team
• Established long-term customer base; a diversified commercial GC client list
• Strong partnerships with industry leading suppliers
• Owners understand the need for a smooth transition and will support buyer as needed

Buyer Profile:
•. A strategic industry buyer or buyer in related industry seeking growth / diversification

• A financial buyer interested in new markets or expanding existing market share


Please Contact: Eddie Davis (EDavis@HarvestBusiness.com or 301-325-7687) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
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

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us att info@harvestbusiness.com

Business for Sale: Custom Cabinet Manufacturer and Kitchen/Bath Remodeler

Business for Sale: Custom Cabinet Manufacturer and Kitchen/Bath Remodeler

Outstanding acquisition opportunity! This firmly established business is highly profitable and well-suited for growth and expansion. The company has designed and built custom cabinetry and delivered kitchen and bath remodels for nearly 30 years.

This reputable operation services homeowners, architects, builders, contractors and design professionals and provides free estimates, competitive pricing, top quality craftsmanship, stellar customer service and on time professional installation.

Key features of the business:
• Solid sales pipeline with order commitments totaling $1.6M through May of 2022
• 8,300 square foot office and warehouse space perfect for expansion
• Strong gross profit margin averaging 36 percent
• All business is from customer referrals; business could be grown with marketing investment
• Growth industry in a wealthy and fast-growing geographic region
• Seller who is willing to train and assist the buyer with a smooth transition
• Well suited for a contractor, woodcrafter or design professional

ASKING PRICE:  $1 Million

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REVENUE

2021* — $1,928,428 *for 10 months ending 10/31/21

2020 — $1,694,425

2019 — $2,189,694

2018 — $1,862,539

ADJUSTED CASH FLOW

2021* — $443,057 *for 10 months ending 10/31/21

2020 — $190,753

2019 — $215,071

2018 — $197,480
________________________________________________________________________________________________________________

Ideally Suited for A Buyer Who:

• Has business experience and love woodworking and home improvements
• Has a kitchen/bath business outside the area and is looking to expand to the DC market
• Has another location in Northern Virginia and wishes to expand its presence


Please Contact: Richard Stopa (RStopa@harvestbusiness.com or 703-307-1187) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
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

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Industrial, Commercial and Residential Piping and Plumbing Company

Business for Sale: Industrial, Commercial and Residential Piping and Plumbing Company

This company in Winchester, VA has been providing plumbing, piping and gas services to industrial, commercial and residential customers for over 25 years. They are known for their quality work, their reliability, and their outstanding customer service.

 Investment Considerations for a Buyer

  1. The company has a solid customer base with almost all business coming from existing customers.
  2. The company possesses excellent relationships with general contractors.
  3. The owners are willing to stay on for a defined period of time as needed.
  4. This is a perfect opportunity for someone with plumbing experience to own their own business.
  5.  Owners’ compensation for last five years averaged $165K
  6. Inventory, FFE and six vehicles are included in the asking price.

Asking Price: $449,000

Financial Metrics

2020 2019 2018 2017 2016
Revenue $841,179 $661,739 $736,505 $623,587 $1,138,288

       

This acquisition is an extremely desirable opportunity for a general contractor or other mechanical contractor to add on to their business or for a piping/plumbing company in a nearby county wishing to expand their territory.  Experience in construction, plumbing/piping or a related business is preferred.

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.

Click here for a Non-Disclosure Agreement and Finance Document.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com  We will then be able to discuss financial details and other confidential information about the business with you.

 

 

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.


Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
Business for Sale: IT Solution Provider/Government Contractor

Business for Sale: IT Solution Provider/Government Contractor

This business has sold. Harvest Business Advisors congratulates the new owners and wishes the sellers much happiness in their future endeavors.

A highly regarded, comprehensive it solution provider and communications developer servicing select government agencies in a “niche” market. Fully operational since 2000.  Long-term client relationship with the agencies they support.

Benefits of Acquisition:

  • Experienced, long-term key management team with expertise in developing specialized enterprise software
  • Trained staff who provide day-to-day “managed services” support
  • Long-term federal contract
  • Multiple trademarked IP software platforms
  • Recurring annual revenue
  • Average annual revenue $800,000
  • Average historic annual SDE $365,000

Ideal Buyer:

  • An industry buyer seeking growth / diversification opportunities
  • An individual with an IT or general business/marketing background

Please Contact: Eddie Davis (EDavis@HarvestBusiness.com or 301-325-7687) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
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

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Commercial Fabrication/Insulation HVAC Contractor with $2.76M Backlog

Business for Sale: Commercial Fabrication/Insulation HVAC Contractor with $2.76M Backlog

This firmly established (26 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 December 23, 2021 is $2,764,930. 
  • Strong gross profit margin averaging 44 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
  • As of December 31, 2021 the company had bid on $38,300,000 worth of new work


    ASKING PRICE: $1,500,000

     

Insulation Company

10 Months Ending 10/31/21 2020 2019 2018 2017
Revenue $1,695,011 $2,025,763 $3,312,960 $2,611,141 $2,897,438
Cost of Goods Sold 947,456 1,397,790 $1,998,777 $1,615,125 $1,643,126
Gross Profit 747,555 $627,973 $1,314,183 $996,118 $1,254,312
Gross Profit Percentage 44% 31% 40% 38% 43%
Seller’s Discretionary Earnings $205,836 ($68,688) $462,216 $276,809 $608,615

 

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com
We will then be able to discuss financial details and other confidential information about the business with you.
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.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

 

Business for Sale: Cleaning Services Company

Business for Sale: Cleaning Services Company

This business for sale is a five star, award winning, 31 year-old cleaning company in the booming Northern Virginia market. The business has fantastic public reviews, experienced employees, and tremendous growth potential.

All processes are in place for a new owner to come in and expand the business. The facility includes an administrative office, washers/dryers, cleaning supplies, and parking for the 13 business vehicles and employees.

This opportunity is especially-well suited for someone who wishes to expand their cleaning operation with a turn-key business or to add on to an existing home services business.

The company provides the following services:
• Residential cleaning – weekly, bi-weekly, monthly or on call
• Commercial cleaning
• Move-in and move-out services

Asking Price: $599,000

Business for sale Cleaning Service
Ideally Suited for A Buyer Who:
• Is a first-time buyer
• Has a business outside the area and is looking to expand to the DC market
• Has another location in the DC market and wishes to expand its presence
• Wishes to add on to an existing home services business
• Has cleaning experience and wishes to relocate their family to a very charming and affordable smaller town

The buyer should have business experience. Cleaning service business experience is a plus.

 

Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
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.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
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