Beacon Equity is pleased to have represented the Stockholder & Board members of Tri-State Mechanical in marketing and sale of the company.
Tri-State Mechanical sells, installs and services HVAC systems in a variety of industrial and commercial applications. The term “HVAC” includes heating, ventilation, and air conditioning systems. The company also does work in refrigeration, plumbing, and new construction.
The service part of the business offers the owners a steady stream of revenue as many equipment customers enter into ongoing maintenance contacts. Most of these agreements include the labor charges for two to four site visits per year. The technician will inspect the equipment, check the belts, change filters, and grease or lubricate moving parts. Eighty percent of these maintenance calls involve some repair or replacement work. Any new parts used in a job are charged to the customer.
Roof top HVAC systems undergo a great deal of stress during their lifetime from changing temperatures and adverse weather conditions. The average life span of a commercial rooftop heating and air conditioning unit is ten years. During that time one or more parts will typically fail and require replacement. The most common repairs include the replacement of: electric motors, condensers, fans, compressors, and switches. They service equipment within a 100 mile radius of their office.
For more information on this transaction or other similar business sales contact:
Beacon Equity Advisors
Beacon Sold Tri-State Mechanical a leader in selling, installing and servicing HVAC systems in a variety of industrial and commercial applications. Sold prior to 2010. Beacon is proud to be the Business Broker serving Hudson, New Hampshire. If you are thinking of selling your company please call for a commitment free consultation.
Let Beacon sell your company for you.