Seller's Contact Information
- RE: 23-Year-Old HVAC Company
- Contact: Randy Bring
Quick Facts
Asking Price: | $1,650,000 | |
Annual Revenue: | $1,414,871 | |
Net Profit: | $551 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 113,570 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 4 | |
BBN Listing #: | 1890630 | |
Broker Reference #: | 0101606815 |
Business Overview:
This 23 year SE Florida Air Conditioning contractor continues to experience year over year growth. Customer base is 95% residential with revenues coming from sales/installations (67%) and service (33%). A condominium specialist, approximately 510 residential condo units are under full service contracts either directly with homeowner or through the owner’s condominium association. New 7-year condo association service contract just signed representing significant residual income! Very high level of customer repeat/retention business. 2023 tracking ahead of 2022. Experienced staff, the install techs are independent contractors. The owner will provide full transition, all customer introductions and will consider employment with Purchaser. License qualifier is in place and ready to transition to new owner if needed. Seller will hold 33% note for Buyer subject to professional/credit and financial review of Buyer. Bank pre-qualified for 7-A SBA loan. SBA proposed loan includes $47,725 working capital and $50,000 express line of credit. Please refer to listing #0101606815 & ask for Randy Bring when inquiring.
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Property Features and Assets:
Homebased/Relocatable
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
Transition to retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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