Business For Sale

Southern Alabama HVAC Contractor for sale

Southern Alabama, AL


Asking Price: Annual Revenue:
$2,500,000 $8,758,887

Services: Construction, Contractors


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RE: Southern Alabama HVAC Contractor for sale Broker: Lanier Chew
Owner Financing is Available!

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $8,758,887
Net Profit: Not Disclosed
Cash Flow: $822,134
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 40
BBN Listing #: 871138301
Broker Reference #: MOBILAL001-N850

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Business Overview:

Established in 1984, this business is the premiere HVAC contractor for the BIG jobs, the average job in usually over $500,000. Operating throughout the Gulf Coast region with customers from various federal, state and local governmental agencies with schools being the primary focus. This business is recognized as the one that can get the job done right at the right price. The work performed is both fixed-price and time and materials projects. Most projects are for the complete HVAC system installation that is for new construction or complete system replacement and upgrade. Very limited service work, only as part of the initial installation and warranty. Large sheet metal shop and sheet metal inventory. 40 employees and facility lease is for 12,000 SF facility with a, all on 2.77 acres in South Alabama. Fully equipped and includes 4-work trucks and one delivery truck. The real estate valued at $350K is available for lease or purchase. The business has an experienced General Manager that also doubles as a project foreman. The new owner will have to have or be an engineer as part of the new team. The company $8.5 million dollars of work under contract now and is bidding out more work for 2019. Plenty of work in progress and new owner will step into a money maker from the start.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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