HVAC Maintenance and Installation Company
An outstanding opportunity has arisen to acquire a well-respected HVAC maintenance and installations specialist. With over 25 years in business, this provider has built a thriving, loyal customer base of well-known blue-chip companies and commercial property developers. With a commitment to quality, this business benefits from a high customer retention rate.
The company has developed a full suite of HVAC solutions, encompassing design, installation, service, maintenance and compliance requirements. Specialisms include the installation of air conditioning systems and server room cooling solutions. In a market expected to reach a value in excess of £1.2bn in 2019, this opportunity provides a clear route for expansion.
The company also benefits from a well-established management structure, with a dedicated and loyal team of employees, supported by a highly skilled team of specialist contractors. In attaining a reputation for excellence, this company has gained a range of accreditations and is approved by global industry manufacturers.
The sale offers an outstanding opportunity to acquire a business benefitting from a strong organisational structure, a reputation for delivering quality projects and service and identified opportunities for growth.
Highlights
- Large, diverse customer base including blue-chip companies and notable main contractors.
- Diversity across service, maintenance and installation sectors.
- Approved by major industry manufacturers.
- Dynamic and highly skilled service and maintenance division.
- Contractually astute and well organised project management team.
- High level of repeat business.
- Well-established organisational structure.
- Wide range of accreditations from prominent industry bodies.
- Excellent Health & Safety credentials.
- Strong balance sheet with no debt.
Financial overview
| YE 31st December | 2015 | 2016 | 2017 | 2018 (FCT) |
| Sales revenue | £7,328,552 | £7,048,380 | £7,771,169 | £9,260,517 |
| Gross profit | £1,283,036 | £1,292,816 | £1,223,299 | £1,768,495 |
| Percentage | 18% | 18% | 16% | 19% |
| Adjusted EBITDA | £396,509 | £449,129 | £285,836 | £806,474 |
| Percentage | 5% | 6% | 4% | 9% |
Note: Executive salaries are fully charged to the profit & loss so no EBITDA adjustments are made in this regard