1001-12950 Very Profitable Residential HVAC

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30050513
Property Subtypes: Building and Construction Services
Building Size (RSF): See Agent
Sale Price: $1,300,000
Year Business Established: 1980
Gross Revenue: $2,025,695 (Annual)
Cash Flow: $513,101 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

East Coast/Central Florida. Highly profitable 37 year old Residential HVAC retrofit/replacement and service business with over 800 Preventative Maintenance Service Agreements. HVAC licensing is a requirement. Business located in an extraordinarily strong growth area including many luxury, waterfront homes. 2017 Revenue on similar track as 2016.

Additional Details

Industry Segment: Construction Sub-Contractors
Reason for Selling: Retirement after 37 successful years providing a great living for his family.
Value of Inventory Included ($): $45,000
Value of Furniture, Fixtures, and Equipment ($): $280,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Located in a commercial area convenient to servicing their clients.
Employee/Labor Description: 11 FT. Monday-Friday 8am-5pm.
Mgmt/Training Support Description: Will train for 4 weeks @ no cost. HVAC licensing is a requirement for the buyer as seller wishes to retire. There may be an opportunity to acquire an outside agent to place his HVAC license for a fee.
Competition/Market Description: Normal competition within the area.
Growth/Expansion Opportunities: Serious opportunity for growth as seller virtually does not advertise at all. There is huge population growth and building in this immediate area. All growth has been via word of mouth from satisfied customers.
Seller Financing Description: $200k Down/ $200k for 60 mos. @ 6% / Other Financing. This business has been lender qualified for financing. In addition, seller has offered $200k in seller financing.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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