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Residential HVAC and Electrical service, repair and sales

FL

Seller Financing Available
Residential HVAC  and Electrical service, repair and sales
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Asking Price: $1,049,000

Cash Flow: $407,000

Gross Revenue: $1,639,000

EBITDA: N/A

FF&E: $200,000

Inventory: $20,000

Real Estate: $950,000*

Established: 1992

*not included in asking price.

Residential HVAC and Electrical service, repair and sales

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Business Description

Serving Northwest Florida Emerald Coast

For over 37 years this highly regarded company has served residential customers in one of Northwest Florida's Finest areas. The company provides HVAC and Electrical service, repairs, sales and installation and has a database of over 8,000 satisfied customers. The business operates out of a well appointed 4,750 foot facility with attractive offices, reception and showroom area, fully equipped kitchen and employee dining area, large garage and work space, fully shelved and very organized inventory room, 2 air conditioned baths. The facility is strategically located on a high visibility traffic artery, with fully paved parking lot and ample lighted and electronic signage. The business operates with updated vehicles and equipment and has a state of the art internet presence. Trained technicians are in place and the retiring seller will transition in the new owner and sign a long term non-compete. We have an SBA lender prepared to lend on this business with as little as 10% down.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,750
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well constructed and full insulated 4,750 foot post and beam building on 1/3 acre in a prime location with large paved parking lot and excellent signage. Triple net lease $3,250 month or purchase real estate.
Competition:
The business is in a vibrant growing area and there is as expected a normal level of competition. This business has a stellar reputation.
Growth & Expansion:
Has both the facilities and name recognition to support growth.
Financing:
Possible small note of 10% of sales price
Support & Training:
Full transition training and consulting therafter
Reason for Selling:
Retirement
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Contact the Seller

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Mike Goleno

Business Listed By:
Mike Goleno

Bizbro.com Business Brokers

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