Property ID : SPL25.361
For Sale $900,000.00 - Electrical, Mechanical & Hvac
DESCRIPTION:
• One of Rochester new York’s largest HVAC distribution and repair business in operation for over 15 years
• Currently has about 3-4% of the market share within a 50-mile radius of Rochester NY
• Does primarily residential with about 5% commercial with almost 400 contracts
• Data base of 8,124 additional clients
• Currently belongs to a business support company that has over 500 partners
• Has an excellent Google ratings for quality and service
• Complete CRM system valued at $30,0000
• Employs 8 with up to 12 by using a temp agency
• The owner will stay on for up to 6 months to consult and assist in the transition
• Located in a 6,500 square foot warehouse with storage for 6 vehicles
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• Fixtures, Equipment, Vehicles, and Propriety Software at a fair market value of $ 369,200
• Inventory at Cost of $ 50,000
LEASE ARRANGEMENTS:
Rent is $ 3,150 a month on a month-to-month lease
A long-term lease can be negotiated with the Landlord
SALES AND SELLERS DISCRETIONARY EARNINGS:
2019 2018 2017
Sales: $ 1,872,263 $ 1,824,591 $ 1,260,193
Cash Flow (SDE):$96,905 $ 201,923. $ 193,087
PRICE/FINANCING:
The Asking price is $900,000 with financing available to a qualified buyer
COMMENTS:
With almost 4% of the market share, this Business is one of the largest and most successful HVAC Businesses in the Rochester NY and surrounding areas. The current owner is looking to retire after 16 years. This is an Ideal owner-operator opportunity. The current owner works only part time and only works when needed.