HVAC Contractor With Recurring Revenue
Not Disclosed, CT New Haven County
Central CT
Asking Price:
$495,000
Annual Revenue:
$1,629,000
Request More Information Contact the Seller
- RE: HVAC Contractor With Recurring Revenue
- Contact: Bo Prybyla
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $1,629,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 326326891 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
First time offered for sale due to retirement. This HVAC contractor is well established and has a loyal following in the market place. They offer all of the standard services provided by a traditional HVAC company. Installation and maintenance of residential HVAC systems.Annual maintenance contracts consist of approximately $500,000 of their annual revenue on a reoccurring basis. This HVAC company is also a market leader in the Geothermal Exchange Systems. They offer installation and maintenance of highly sophisticated systems with an average installation cost of over $30,000. At present, the company has an existing backlog of around $1,000,000 worth of signed contracts to be completed this year.
Real Estate: Is owned and is for sale at fair market value with an estimated Real Market Price of $425,000. The Real Estate consists of a building approximately 5,000 Square Feet. The owner would prefer to sell the property with the business.
Growth: Additional technicians, expanding geographic footprint,
Equipment/Inventory: $150,000 value of Trucks, Equipment and Inventory included in the sale.
Financing:Available – SBA eligible – based on credit history 25% down; 15-year term.
Transition:Ideal individual will have an HVAC background. The owner will remain for a period TBD to ensure a smooth transition.
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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