Asking Price: $3,500,000
Cash Flow: $843,415
Gross Revenue: $6,620,894
EBITDA: $678,795
FF&E: $317,000
Inventory: $450,000
Rent: $6,376 per Month
Established: 1990
Business Description
Full service HVAC contractor offering sales, service, replacement, installation & new construction services of heating & cooling equipment for the South Florida market. They also offer expert refrigeration equipment service & can do sheet metal work in-house when needed. Company carries major brand names. Approximately 70% of revenue comes from service/replacement and 30% from construction. The customer base is 80% residential and 20% commercial. The top customer represents just 7% of revenue. Sellers will train and assist transition for up to one year.
Detailed Information
- Location:
- South Florida
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 5,000
- Lease Expiration:
- 12/31/2021
- Employees:
- 26
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- 5000 square foot office and warehouse building located centrally in area of operation. Rent is reasonable for the location. There is also a second smaller satellite location.
- Competition:
- Reputation for service and quality of work gives this business an advantage over the competition.
- Growth & Expansion:
- This Companies dominance in its area of operation means that further growth will be achieved by widening the area of operation. Something which is highly feasible.
- Support & Training:
- 2 sellers will work in business for 30 days at no cost to assist transition. Further assistance available for up to one year based on agreed compensation.
- Reason for Selling:
- Retirement