MergerPlace

HVAC Commercial Contractor

Florida


  • Asking Price: $985,000
  • Gross Income: $3,071,037
  • Cash Flow: $192,296
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $302,283
  • Listing ID: #197011
  • Established: 2008
  • Employees: 20 FT

Business Description

North Florida mechanical contracting business which specializes in industrial and commercial HVAC services. Company originated in 2008 and has steadily grown in sales and profitability. Service area for Industrial and Commercial HVAC customers covers North Florida and Southwest Georgia. This is a union company with highly trained and motivated workers. Very little employee turn-over making this an ideal turn key business opportunity for a qualified buyer seeking an immediate and highly profitable market share in this region.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20 FT

Financial Information

Asking Price: $985,000
Gross Revenue: $3,071,037
Cash Flow: $192,296
FF&E: $302,283
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

The company operates from three locations: Two in North Florida and one in Southwest Georgia. Each facility is well organized. This arrangement provides greater geographic spread for servicing this region rather than operation out of just one location. All facilities are leased with assumable leases for a new owner if it is desired to maintain the current locations.

Growth & expansion opportunities:

The potential for growth is substantial. However, the seller fully believes this will be accomplished with a larger entity or a new owner with HVAC management experience. With over 22 years of experience, the owner feels he has grown the business to a very desirable size for an established HVAC company or HVAC industry professional to acquire this business and have and immediate profitable market share in the North Florida/South Georgia market. This is the quintessential turn-key deal.

Competition:

The Heating and Air-Conditioning Contractors industry is not dominated by any company. As a matter of fact, no company can boast of having more than 5.0% of the total annual revenue in the industry. The major players in the heating, ventilation and air conditioning (HVAC) industry are smaller firms that specialize in kinds of HVAC systems or dominate their local operating area. The company benefits from its concentration in a well-defined market area of North Florida and Southwest Georgia. While there is competition in that this business services, the company often serves as a sub-contractor for the lager major players in the HVAC industry. They have a very workable, cooperative and productive relationship with the competition.

Reason for selling:

To pursue other opportunities. Willing to remain for a negotiated length of time.

Support & Training:

Will train for 4 weeks @ no cost. This company is a thriving and very competitive Mechanical Contracting Business that specializes in the industrial and commercial HVAC industry. This firm began operations in 2008 after the founder had spent over 15 years working for major companies in the HVAC industry. Services provided by the company include preventative maintenance, service, repairs and installation of HVAC equipment which includes refrigeration units, coolers, ice machines, dx split systems, air handling units, condenser's, package unites, air cooled and water cooled chillers, associated pumps, cooling towers, pneumatic and electric controls and variable speed drive controllers. The seller has a Florida Certified Mechanical Contractors License and a Georgia Conditioned Air Non-Restricted License. No other licenses are required. This company employs union labor. All are service techs are members of the Union of Plumbers, Pipefitters and Service Technicians.

Contact Business Seller

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Business Listed By:

John Kraft

Murphy Business Brokers