HVAC Contractor- SOLD
Price: $1,200,000
Annual Revenue: $1,200,000
Net Cash Flow: $420,000
Industry: Construction, HVAC
Location: Connecticut
This company has been sold. Please view our HVAC businesses for sale or our Construction Businesses for sale. This HVAC contractor is well established and has a loyal following in the marketplace. The business consists of 80% service work and 20% new installation. The company is operated by the owner and his wife who handles office duties. The firm also enjoys a very close relationship with an engineering firm that uses the companies’ skills to support their efforts. There are three (3) field technicians that execute the work under the owners’ direction. The equipment consists of 6 vehicles and a trailer along with all of the tools to operate the company efficiently. All vehicles are current and in good working order. Standard maintenance approximately 35 customer contracts contribute over $150,000 annually. This does not count as additional and incremental work. The company operates during normal business hours. They do provide emergency service for contracted customers. $150,000 Trucks, Equipment, and Inventory included in the sale.
2013 Sales = $789,185 SDE = $ 200,000
2014 Sales = $1,145,128 SDE = $ 328,000
2015 Sales = $1,245,743 SDE = $ 420,000
Real Estate: This is leased and consists of 2,000 sq ft, at a monthly rate of $2,000.
Contact us to help you sell your construction business in Connecticut and throughout the East.
Listing Details
Reason For Sale:
Retirement
Training & Support:
Owner will remain after the sale to provide a smooth transition and training.
Summary
Financing/Terms:
Available – SBA eligible – based on credit history 25% down; 10 year term.