Complete Mechanical Contractor
A leading mechanical contractor and service provider continues to profitably grow via its comprehensive offerings, strong reputation, and experienced management team.
Seeking a financial partner enabling the business to pursue larger project opportunities and expand into adjacent geographic markets.
In recent years the business has been conservatively managed to a $3M monthly top line target. This covers payroll and expenses while yielding a reasonable profit.
However, it has meant passing on available larger project opportunities and not leveraging existing relationships for growth into adjacent markets. The 2021 revenue was an outlier due to a significant amount of change orders on one project.
The company has a strong balance sheet and cash position. They do not currently have any Long-Term Debt.