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HVAC Contractor

Based in the Phoenix Metro area, this company has been designing, installing and maintaining air conditioning, refrigeration and heating systems for a number of years. The business also offers solutions to all mechanical systems needs, from total replacement to preventative maintenance, emergency repair service, energy conservation programs and tenant improvements. The company’s customer base is primarily commercial and operates throughout the state of Arizona. Revenues for the last 3 years have been $3.3M in 2005, $3.8M in 2006 and $5.0M in 2007. The rolling 12 month revenue through the first quarter in 2008 is $6.2M with an adjusted net income of $1.06M. This year has started very well and already the business is projecting revenues around $7M by year end 2008.