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Hvac Contractor With Recurring Revenue For Sale

New Haven County, Connecticut, US
Freehold Price:
$1,120,000 (USD)
Lease Asking Price:
$595,000 (USD)
Sales Revenue:
$1,629,000 (USD)
Cash Flow:
$200,000 (USD)

First time offered for sale due to retirement. This HVAC contractor is well established and has a loyal following in the market place. They offer all of the standard services provided by a traditional HVAC company. Installation and maintenance of residential HVAC systems.

Annual maintenance contracts consist of approximately $500,000 of their annual revenue on a reoccurring basis. This HVAC company is also a market leader in the Geothermal Exchange Systems. They offer installation and maintenance of highly sophisticated systems with an average installation cost of over $30,000. At present, the company has an existing backlog of around $1,000,000 worth of signed contracts to be completed this year.

Real Estate: Is owned and is for sale at fair market value with an estimated Real Market Price of $425,000. The Real Estate consists of a building approximately 5,000 SQFT. The owner would prefer to sell the property with the business.

Growth: Additional technicians, expanding geographic footprint,

Equipment/Inventory: $150,000 value of Trucks, Equipment and Inventory included in the sale.

Financing: Available – SBA eligible – based on credit history 25% down; 15-year term.

Transition: Ideal individual will have an HVAC background. The owner will remain for a period TBD to ensure a smooth transition.

Property Information

Real Estate:

Available as lease or with real property included

Other Information

Lease asking price:
$595,000 (USD)

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