This HVAC contractor is well established and has a loyal following in the marketplace. The business consists of 80% service work and 20% new installation. The company is operated by the owner and his wife who handles office duties. The firm also enjoys a very close relationship with an engineering firm which uses the companies’ skills to support their efforts. There are three (3) field technicians that execute the work under the owners’ direction. Equipment consists of 6 vehicles and a trailer along with all of the tools to operate the company efficiently. All vehicles are current and in good working order. Standard maintenance approximately 35 customer contracts contribute over $150,000 annually. This does not count additional and incremental work. Company operates during normal business hours. They do provide emergency service for contacted customers. $150,000 Trucks, Equipment and Inventory included in the sale.
2013 Sales = $789,185 SDE = $ 200,000
2014 Sales = $1,145,128 SDE = $ 328,000
2015 Sales = $1,245,743 SDE = $ 420,000
Real Estate: Is leased and consists of 2,000 sq ft, at a monthly rate of $2,000.
Growth & Expansion: Additional technicians, Bidding new installation work.Financing: Available – SBA eligible – based on credit history 25% down; 10 year term.Support & Training: Owner will remain after the sale to provide a smooth transition and training.Reason for Selling: Retirement
Asking Price $1,200,000
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