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Business For Sale
HVAC AND MECHANICAL SERVICES COMPANY
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Asking Price: |
$950,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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retirement |
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Year Established:
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1986 |
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# of Employees:
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11 |
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Yearly Revenues:
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$1,799,000 |
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Yearly Cash Flow:
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$311,630 |
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Yearly EBITDA:
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$122,337 |
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Yearly Net Profit:
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$94,585 |
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Yearly Gross Income:
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$660,868 |
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Monthly Payroll:
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$57,777 |
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Total Debt:
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$9,268 |
Business for Sale Overview:
Founded in 1986, this highly respected HVAC company is established, well organized and very profitable. The client base is diverse including apartment complexes, office buildings, schools, universities, hospitals, manufacturing etc. The company provides contract based service management, equipment repair and replacement. The customer base is supported by an aggressive two-person sales force. The organizational structure consists of the CEO (seller), an operations manager, the 2-person sales team, an office manager, and 6 certified technicians. The company has computerized dispatching, contract management software and a computerized customer data base including equipment and service history. The technical staff all have on-board laptop computers and drive GPS-outfitted vans.
Property Features and Assets:
The company occupies a 3,000 square foot lease space in a free standing building. There are administrative, accounting and sales and engineering offices. A conference room and an employees lounge. In the warehouse section, there is parts storage, a workshop and an area for equipment maintenance.
Market Competition and Expansion:
The HVAC industry is equally split between the residential and commercial markets. The commercial market is further divided between a service based model and construction. This company has sought to develop its client base as a service based model which is considered to be a more stable model and less likely to be impacted by recessionary trends or construction. They have service contracts and provide repairs and equipment replacement to a diverse client base.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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