HVAC Contractor – South Florida

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April 29, 2021
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May 27, 2021

HVAC Contractor – South Florida

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

 

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