Price: $2,000,000
Location: Palm Beach County
Industry: HVAC Business
Listing ID: 53016
Listing Status: Sold
Highly Profitable HVAC / Air Conditioning Service & Installation Company
Listing Price: $2,000,000 (Business Price: $1,530,000 <> Real Estate: $470,000)
SDE 2022: $465,569
Established 28-year-old residential & commercial HVAC company in affluent South Florida coastal city. With a team of 9 well-trained technicians/installers and 4 office staff, this company offers installations, repairs, and warranty work for residential HVAC systems. Known for providing personalized attention and customized solutions, this company ensures its customers' HVAC systems operate at peak efficiency, providing maximum comfort and energy savings. Streamlined processes, CRM in place, organized accounting, and clean books make this a 100% paperless office. Thanks to the strong management in place, the current owner only works a few hours a week. The company has a licensed qualifier in place, ready to transition to the new owner if needed.
Active Customers: 3809
60% Residential
40% Commercial
25% of Revenue comes from new construction
Included in the sale:
1. $470,000 Commercial Real Estate: remodeled and upgraded with high visibility and easy access for employees.
2. $278,300: Trucks & Vans (11), Trailers (3), Lifts, Equipment & Office Electronics.
3. $58,000 of Inventory: (4) Vans with $7,000 of inventory each. Shop Inventory $30,000.
The retiring owner is looking for a smooth transition and will provide up to 60 days of support and training. Don't miss out on this opportunity to expand your portfolio with a profitable and established business in the HVAC industry.
**All interested buyers must submit an NDA and Personal Financial Statement.
Total Sales: $2,270,547
Cash Flow: $465,569
FFE: $278,300
Inventory: $58,000