HVAC Contractor with Recurring Revenue

New Haven County, CT

HVAC Contractor with Recurring Revenue
Contact Seller

Asking Price: $695,000

Cash Flow: $200,000

Gross Revenue: $1,629,775

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Established: N/A

HVAC Contractor with Recurring Revenue

Save Print Share Valuation Report

Business Description

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 SQFT. 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.

Detailed Information

Location:
New Haven County, CT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Contact Seller

Contact the Seller

Contact Seller Loading

Bo Prybyla

Business Listed By:
Bo Prybyla

Synergy Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Blake Taylor

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1640087 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


America's Favorite

Franchise Opportunity In CT
Capital Required: $46,500