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HVAC Contractor with a Large Customer Base

  • Listing# : 17343
  • Listed Price : $175,000
  • Total Sales : $369,074
  • SIC : 1711
  • Down Payment : $35,000
  • Status : Active
  • Discretionary Earnings : $132,265

Business Type :

Construction / Contractor A/C & Heating; Repair / Miscellaneous Repair

Business Description :

Operating over twenty years this HVAC Contractor and Repair Service Company has been servicing a formidable customer base that has grown and matured since the business’s inception. The customer base is split almost equally between residential and commercial clients. Currently on file are approximately 850 customers, and of those the current commercial clients are recognizable brands. On the residential side standard air conditioning units are serviced and maintained and on the commercial front the work includes every aspect of restaurant equipment such as walk-in-boxes, walk in freezers, commercial ice machines and ventilation equipment. The reputation the business has, and the brand has kept two employees working for two decades. There is growth potential for this business as the current owner decided to focus on one major city in Hampton Roads. At minimum, that leaves and additional six cities as an easy expansion base. This presents as an ideal opportunity for an individual who has some experience and is ready to break out on their own. Or alternatively offers up a formidable customer base for an ongoing concern to acquire forming immediate growth. In either event the current owner has come to the decision to sell and look to retire, and a personal event is driving the decision. However, the owner will provide an adequate transition for an incoming buyer candidate.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $12,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $67,300
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $79,300
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Construction, Repair