MergerPlace

Very Profitable Residential HVAC

Florida


  • Asking Price: $1,300,000
  • Gross Income: $2,025,695
  • Cash Flow: $513,101
  • Real Estate: Not Disclosed
  • Inventory: $45,000
  • FF&E: $280,000
  • Listing ID: #198886
  • Established: 1980
  • Employees: 11 FT

Business Description

East Coast/Central Florida. Highly profitable 37 year old Residential HVAC retrofit/replacement and service business with over 800 Preventative Maintenance Service Agreements. HVAC licensing is a requirement. Business located in an extraordinarily strong growth area including many luxury, waterfront homes. 2017 Revenue on similar track as 2016.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Florida

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 11 FT

Financial Information

Asking Price: $1,300,000
Gross Revenue: $2,025,695
Cash Flow: $513,101
FF&E: $280,000
Inventory: $45,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in a commercial area convenient to servicing their clients.

Growth & expansion opportunities:

Serious opportunity for growth as seller virtually does not advertise at all. There is huge population growth and building in this immediate area. All growth has been via word of mouth from satisfied customers.

Competition:

Normal competition within the area.

Reason for selling:

Retirement after 37 successful years providing a great living for his family.

Support & Training:

Will train for 4 weeks @ no cost. HVAC licensing is a requirement for the buyer as seller wishes to retire. There may be an opportunity to acquire an outside agent to place his HVAC license for a fee.

Contact Business Seller

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Business Listed By:

Jim Dunmire

Murphy Business Brokers