Listing Number: 24876-988608
Strong Reputation & Established Client Base | Over $180K SDE with room to grow.
This Alabama based HVAC business services residential market and predominantly new residential construction. The business has a strong reputation with local supply houses, contractors, and established customer base of more than 23+ years. Great opportunity for a new or existing HVAC business to take advantage of their service territory along the booming Gulf Coast. Owner lives in Alabama, and has strong AL, MS, and FL connections to help a new owner develop the HVAC business.
The HVAC market has a 15% projected growth potential over the next 10 years faster than all average occupations.The outlook for HVAC industry, particularly in this Gulf Coast market and robust economy, provides exceptional opportunity to capitalize on and acquire market share and customers.
At the current levels, owner has been busy as he wants to be, and still lives an excellent lifestyle. Seller 1 is glad to stay on and work in design, consulting and estimating capacity. Seller 2 is looking for retirement and to pursue other opportunities.
Opportunities to grow the business would include:
- More active marketing and actively pursuing growth
- Call on its extensive customer and install lists and sell maintenance contracts direct to homeowners
- Hiring additional technicians to build operational capabilities
- Expanding geographical reach, as desired
- Bidding on Commercial or Industrial Services
*If existing HVAC Company acquires this business, there is additional cost savings above and beyond the Sellers Discretionary Earnings reported.
- Price: $625,000
- Down Payment: $312,500
- Sellers Discretionary Earnings: $181,252
- Total Sales: $1,251,121
- Location: Mobile County, Alabama
- Inventory: $30,000
- FF&E: $50,000
- Employees: 6
- Year Established: 1996
- Reason for Selling: Retirement or Phase-out
- Category: Construction