HVAC Contractor

Financial Information

  • Asking Price: $2,750,000
  • Gross Revenue: $9,301,900
  • Cash Flow: $1,700,000
  • Down Payment: 0
  • FF&E (Included): $250,000
  • Inventory: $500,000
  • Financing: No

Business Location

  • Baldwin
  • Daphne
  • Alabama
Primary Business Category: Plumbing, Heating, and Air-Conditioning Contractors

Established in 1984, this business is the premier HVAC contractor for the big jobs, the average job is usually over $300,000. 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 and 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 for new construction or complete system replacement and upgrade. The service department is growing with t new commitment from the owner to make this a new profit center. Large sheet metal shop and sheet metal inventory. Experienced employees and a favorable facility lease for the 12,000 SF facility all on 2.77 acres in South Alabama. Fully equipped and includes forklift, 4-work trucks, and one delivery truck and two service trucks. The $3,500 monthly lease is covered in the cash flow. The business has an experienced General Manager that also doubles as a project foreman. The purchase price includes $500,000 in inventory. The company presently has $3.2 million of work in progress and is now bidding out over $10 million more work for 2020. Plenty of work available for the future and the new owner will step into a money maker from the start. Seller will stay for up to 2-years with an employment contract.

Competition Description

Very specialized customer base and few competitors in the are4a.

Growth / Expansion overview

The service department is new and is expected to add to the business.

Support / Training Comments

Seller will stay for up to 2-years with an acceptable employment contract,

Reason For Sale
  • Home Based: No
  • Year Established: 1985
  • Franchise: No
  • Year Acquired: 1985
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $385,000
  • Real Estate Asking: $385,000
  • Days Open: As Needed
  • Hours Open: As Needed
  • Fulltime Employees: 35
  • Part time Employees: 5
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 12000 sq ft
  • Parking: Private
  • Monthly Rent: $3,500

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Business Listed by

Sunbelt Mobile

Contact: Lanier Chew
Office Phone: 251-626-4949
Mobile Phone:
Listing ID: MOBILAL001-N883

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