HVAC - Mechanical Contractor for sale

Daphne, AL (Baldwin County)

HVAC Services
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Asking Price: $2,500,000

Cash Flow: $822,134

Gross Revenue: $8,758,887

EBITDA: N/A

FF&E: $300,000

Inventory: $500,000

Rent: $3,500 /Month

Established: 1984

HVAC - Mechanical Contractor for sale

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Business Description

Established in 1984, this business is the premiere HVAC contractor for the BIG jobs, the average job in usually over $500,000. Operating throughout the Gulf Coast region with customers from various federal, state and local governmental agencies with schools being the primary focus. This business is recognized as the one that can get the job done right at the right price. The work performed is both fixed-price and time and materials projects. Most projects are for the complete HVAC system installation that is for new construction or complete system replacement and upgrade. Very limited service work, only as part of the initial installation and warranty. Large sheet metal shop and sheet metal inventory.

40 employees and facility lease is for 12,000 SF facility with a, all on 2.77 acres in South Alabama. Fully equipped and includes 4-work trucks and one delivery truck. The real estate valued at $350K is available for lease or purchase.

The business has an experienced General Manager that also doubles as a project foreman.

The company $8.5 million dollars of work under contract now and is bidding out more work for 2019. Plenty of work in progress and new owner will step into a money maker from the start.

Detailed Information

Location:
Daphne, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
11,250
Lease Expiration:
N/A
Employees:
40 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
11,250 sq. ft. facility, on 2.77 acres
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Lanier Chew, CBI

Business Listed By:
Lanier Chew, CBI

Sunbelt Business Brokers and Business Brokers South

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