HVAC Service and Install Company

Essex County, MA
listing image
Sale Pending
Cash Flow:$1,269,000
Inventory:$150,000
EBITDA:$761,000
Established Year:1996
Gross Revenue:$7,226,000
Rent:$6,525
FF&E:$545,000
BUSINESS DESCRIPTION

Top Notch HVAC Company for sale

This long established and successful company features a stable workforce and many repeat customers. Sales (last 12 months as of June 2024) are approximately 44% Service and Replacement and 56% Construction related. The company does 63% residential business and 37% commercial and 13% pure service not including replacement. Key employees have been in place for several years and are well below retirement age. There are approximately 650 residential service contracts in place and more could be added. Owner is looking to retire but will assist as mutually agreed for a smooth transition. Please note that Sales and profits are up over the last 12 months! This company could be a great platform to build from or a great addition to an established company.

Financial Information.

Yearly Gross: $7,226,000 (2023)
Gross Sales Last 12 Months (July 24) $7,416,000
Cash Flow / $761,000 EBITDA (2023)
Cash Flow Last 12 months (July 24) $1,269,000
Inventory $150,000 (included)
FF&E; $545,000 (Included, Estimated)
Real Estate: $ or Lease: $6525 per month NNN
Financing: SBA Prescreen in progress
Asking: $ Offers


DETAILED INFORMATION
Location
Essex County, MA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
First floor office 1840 square feet first floor shop is 2500 square foot second floor office is 240 square feet with 1270 square feet of parts storage.
Support & Training
Owner will assist for smooth transition of ownership
Reason for Selling
Retirement
Report an Issue with this listing
Gary Rayberg
logo-img
Gary Rayberg