Central Florida Commercial HVAC Construction and Service

Orange County, FL
HVAC
Sale Pending
Asking Price:$3,250,000
Gross Revenue:$3,756,580
FF&E:$80,000
Established Year:2005
Cash Flow:$990,555
EBITDA:$840,000
Real Estate:$680,000
BUSINESS DESCRIPTION

HVAC Florida

Central Florida Commercial HVAC, 15% Repair and Maintenance, 10% new build and 75% retrofit/remodel - Contractor servicing developers and builders throughout Florida. The Owners handle the bidding, accounting and estimating, while a field crew headed by the Field Supervisor manages the 9-full time technicians. Two of the technicians are able to manage Service and Maintenance Calls as they arise.
The negative adjustment in the Other Expense category below reflects a full time bookkeeper taking over one of the owner's activities and a fair market rent, $45,000 and $44,000, respectively.

The Real Estate is Owned by the Seller and is available for purchase at $680,000 which would recover $44,000 in cash flow from the rent expense reflected in the current cash flow calculation.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,900
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building is a commercial office building with a small warehouse used for staging equipment that is not job site ready. It can be leased (the cash flow is after paying rent) or purchased.
Growth & Expansion
The Company does not promote Service Contracts. They have over 115 units under service contract but could easily expand on this.
Support & Training
Seller will support a buyer with transitional training to learn the bidding process.
Reason for Selling
Retireing
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George
Rosen
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George Rosen