Profitable HVAC, Heating and Air-Conditioning

Listing ID:
HUNTSAL001104

Sunbelt of North Alabama

View all listings from this office
Phone: (256) 539-9999
Fax: (256) 217-4806

The following broker is assigned to this listing:

Jerry Bong

jerry.bong@sunbeltnetwork.com

Description

Business enjoys a wide customer base with many regular customers, both commercial and residential. It offers installation and service on all HVAC equipment and also fabricates duct work. It also offers duct cleaning. All tools and equipment necessary to provide total service is on hand. Business also offers 24 hour on-call service for its customers. Total discretionary earnings is approx. $180,000/yr. for both owner and wife. This incudes personal vehicles, taxes and insurance for same, personal insurance, phones, legal services, and retirement package. Owner is willing to stay on for a year or two as an employee helping with sales, but does not wish to stay in any type of management capability. Inventory is approximate and will be valuated at time of closing.

Financials

Asking Price:$1,300,000
Revenue:$2,400,000
Cash Flow:$180,000
Downpayment:$650,000
Monthly Payroll:$667,000
FF&E Asking Price:$600,000
Inventory Asking Price:$100,000
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1982
Year Acquired:
Full-Time Employees:19
Part-Time Employees:0
Reason For Sale:Tired of managing employees and long hours. Wishes to explore other ventures.