HVAC Company TBH601

Georgia
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Asking Price:$1,100,000
Gross Revenue:$1,400,000
FF&E:$25,000
Cash Flow:$230,000
Inventory:$25,000
Established Year:1992
BUSINESS DESCRIPTION

BUSINESS OVERVIEW:
Founded in 1992, the firm is a Residential HVAC Business located in the Atlanta metropolitan area. The business operates primarily in the metro Atlanta Georgia geographical area. The company installs, services, repairs and replaces primarily residential HVAC systems but they also have a small amount of light commercial customers. About 90% of systems are Carrier brand; the business does sell other brand equipment on the customer’s request.
KEY COMPANY HIGHLIGHTS:
• Products/Services include residential and light commercial service, replacements and maintenance: HVAC Carrier brand furnaces and A/C’s, air cleaners, media filters, humidifiers, dehumidifiers and thermostats including WIFI.
• 70% of revenue is derived from complete system installations, 15% A/C coil only, 10% furnace only, 5% service.
• The business works mainly out of two trucks with 2 personnel in each truck. They have a 3rd truck setup to do gas work.
• The company is well positioned to be taken to the next level! This is a fantastic opportunity for a new entrepreneur to step into an independent business or for an industry veteran to add to their existing business.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is operated out of an office behind the owner’s home with 3 garage bays for supplies. The owner cashflow has been adjusted down $60K per year to offset for rental of an operations facility by the new owner. The business keeps their service trucks stocked with common part items. They keep a few supplies at the shop and order equipment as needed and pick up on the day of installation.
Growth & Expansion
SUSTAINED GROWTH OPPORTUNITIES: • There exists a great opportunity to advance revenues with the addition of an outside sales representative. • Immediate growth by implementing a targeted marketing program. The business currently does not have a marketing plan in place but does well on word of mouth as their main advertising due to quality service and longevity.
Support & Training
Owner will work a transition.
Reason for Selling
Retire
Home-Based
This business is Home-Based
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Jeffery
Merry
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Jeffery Merry