HVAC Company – Sold
Annual Revenue: $2,300,000
Net Cash Flow: $486,000
Industry: Construction, HVAC
Location: Finger Lakes Region, New York
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. Having served in the current market for over 20 years they are well known and respected in the area. The company offers residential and light commercial installation, maintenance, and repair for Air Conditioning and Heating. There is a solid mix of new installation, service contracts, emergency and routine repair to an extensive list of loyal clients in the market.
The owner operates in both a General Manager and Sales Capacity. The office is fully staffed and runs day-to-day operations. Field staff, technicians and installers are well trained and sufficient to cover the market served.
Real Estate: Owner-owned and available. The owner will either structure a long-term favorable fair market lease or sell the property as a package deal. The estimated value of Real Estate is $300,000. Package deal valued at $1,500,000. RE additional at $300,000 to the above price of $1,200,000.
Growth: Additional technicians, expanding the geographic market served
Equipment/Inventory: Inventory, tools, and trucks – Estimated fair market value $150,000
Reason for Sale: Retirement
Financing: Available – SBA Eligible with 10-20% down
Transition: Ideal individual will have an HVAC background. The owner will remain for a period TBD to ensure a smooth transition.
Contact us to help you sell your HVAC business in New York and throughout the country.