Sold
Tallahassee Area Heating and Cooling Business
38 year old family run heating and air business for sale. Business was founded by current owner in 1982 and has increased it sales year over year since opening. The business has successfully grown from a one man operation, to a business built on systems and repeat income. The owner currently spends limited time in the field.
225 Change outs in 2019
60% of business residential- no refrigeration
Only 10% new construction exposure and only with select contractors
Over 5000 Customers in database
$24,000 inventory included in sale price
No customer represents greater than 10% of revenue
No pending lawsuits or workers compensation claims
Company has great relationships with several large companies
Listed By: Patrick Lange
Background information
Reference:
781-00017
Year established:
1982
Reason selling:
Retirement
Finance
Sales:
$1,570,618
Profits:
$290,000
Operations
Employees:
12
Equipment:
Included in asking price $120,000
Inventory:
Included in asking price
Premises
Facility:
Great location in the heart of town
Rent and lease terms:
1500/month
Location:
Tallahassee, FL
Opportunities
Growth:
Increase coverage area. Increase maintenance agreements
Price and terms
Price:
$625,000
Financing:
Preapproved for SBA Funding
Training:
Owner will remain on to ensure a smooth transition