Status: Sold
Great HVAC for Startup Owner Operator - Listing #: NAPFL001-N61
| Listing No: BBF-966-06161 | |
| Category | : | HVAC Contractor | SIC | : | 17111 | |
| Detail | : | HVAC | Price | : | 200,000 | |
| County | : | Sarasota | Down | : | 200,00 | |
| State/Prov | : | Florida | Adj Net | : | 94,845 | |
| Country | : | USA | Sales | : | 397,312 |
|
***PRICE REDUCED*** *** Lender Pre-Qualified Business*** Perfect business for newly Class A Licensed individual or soon to be licensed. Business started in 2004 after Owner Operator had been working under a previous company. His decision to create his own service was born out of observing how other HVAC companies operated. With an emphasis on customer service and the mentality of "treat customers fairly and honestly" he started business.With a family oriented approach, this business stands out among its competitors because you always deal with the same person every visit. This allows you to get to know each customer and understand their service history better than the competition who uses multiple techs with no personal history with customers. |
| Reason for Sale | : | Retire |
| General Location | : | Westcoast Florida |
| Organization Type | : | Corp Sub 'S' Hours Owner Works: 40 |
| : | Years Established : 14 Years Owned: 14 Emp FT: 1 Emp PT: 0 Mgrs: 0 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | M-F, 9am-6pm |
| Skills/Licenses | : | CLASS A license |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: Y May Qualify For Visa: N |
| Data Source | Tax Return | Tax Return | Tax Return | ||
| Year (Cash Flow) | 2019 (N) | 2018 (N) | 2017 (N) | ||
| Gross Revenue | 397,312 | 395,780 | 361,469 | ||
| Cost of Goods | 183,641 | 212,341 | 191,792 | ||
| Gross Profit | 213,671 | 183,439 | 169,677 | ||
| Expenses | 136,639 | 120,931 | 150,784 | ||
| Net | 77,032 | 62,508 | 18,893 | ||
| Owner Salary | 43,800 | 35,550 | 37,800 | ||
| Benefits | 3,393 | 2,762 | 2,934 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 15,620 | 3,477 | 14,315 | ||
| Other | -6,200 | -14,450 | -12,200 | ||
| Owner Benefit | 133,645 | 89,847 | 61,742 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 500 | Y* | ___________ | 0 | N* |
| F F & E | 32,000 | Y* | Total Assets | 32,500 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 875 | Square Footage: 1,800 | Building Type: Commercial Park |
| Terms & Options: Negotiable | Expiration Date: 7/30/2020 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| JASON A. BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | (866) 985-8735 | |
| 3510 KRAFT ROAD | Cell | : | (239) 357-7073 |
| NAPLES, FLORIDA 34109 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | www.sunbeltnetwork.com/naples-fl |