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HVAC Company

Location: Central Alabama

ID: (#200793)

200793
Price:$1,825,000
Revenue:$4,799,704
Cash Flow:$391,780
FF&E (Assets):$0
Inventory:$0
Real Estate:$0

Overview

HVAC company primarily focusing on residential new construction installations, warranty service work, unit replacements, and light industrial new construction.

New construction is booming in the Southeast US, and there is an unprecedented demand for the company’s new install services. In addition, the service division, which currently primarily focuses on warranty work, is basically an unexploited avenue that could be scaled up to see virtually unlimited growth opportunities. The company currently has a database of over 4,000 residential customers that can be marketed to for service work, and every new install is a future potential service customer! A service agreement plan could also be implemented to provide steady recurring revenue. With a fleet of 17 trucks, 8 enclosed trailers, and 29 employees, this company is primed for growth in the industry.

2020
Revenue: $4,298,305
EBITDA: $246,289

2019
Revenue: $4,799,704
EBITDA: $391,780

2019/2020 Average
Revenue: $4,549,005
EBITDA: $$319,035

*Company's fiscal year is 7/1 - 6/30.


2020 saw a decline in revenue due to a shortage of workforce. As Alabama recently ended its extended UI benefit program, the company will be able to expand its workforce and not only be back at 2019 levels shortly, but should far exceed them with the demand for new construction. This is a can’t miss opportunity for a company that will see continued growth organically due to the demand in new construction. Add additional workers and a little marketing to grow the service department, and this business will soar. Don’t miss the chance to get in this booming industry now!

Details

Reason for Selling:

Retirement

Established:

1973

Employees:

29

Facilities:

Approximately 1.3 acres of land with newly renovated offices and a connected 2,500 sqft shop are also available at market price - contact broker for details.

Competition:

Owner has done almost no marketing, no website, and no social media presence. With some simple marketing strategies, the service division could see tremendous growth.

Support and Training

The seller is willing to remain with the company for training and transition.

Broker Contact Information

  • Kevin Pate
  • Florida - Fort Lauderdale
  • Mobile
  • By Appointment Only
  • Realty Hub LLC
  • Florida - Fort Lauderdale
  • By Appointment Only
  • Fort Lauderdale, Florida 33301
  • Real Estate Broker: Realty Hub LLC