Business Overview

Rare listing on a Profitable and easy to operate AC/Heating Business in the Coastal Beach areas of the Carolinas. Systems are in place for management to run this business efficiently and is ready for expansion.
5 Vans fully equiped and inventory of over $100,000 included in the sale. There is also a showroom and office for customers to visit.
The beach area is booming with new homeowners looking for AC services in the area and this company is at the forefront of innovation. They have a long list of loyal customers included in the sale and their reviews online are outstanding.
The owner is retiring and moving to the mountains of Carolina.
This is your chance to buy a rare listing on an incredibly profitable HVAC company in the Carolinas.
Incredible Need for more HVAC Contractors

Financial

  • Asking Price: $684,000
  • Cash Flow: $291,450
  • Gross Revenue: $1,498,380
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: $100,000
  • Inventory Included: Yes
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

retirement

Additional Info

The business was founded in 2015, making the business 7 years old.
The transaction does include inventory valued at $100,000, which is included in the listing price.

The business has 6 employees and resides in a building with approx. square footage of 2,500 sq ft.
The building is leased by the company for $1,900 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell businesses. Nonetheless, the true reason and the one they say to you might be 2 completely different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these might just be reasons to try to conceal the reality of transforming demographics, increased competition, recent decrease in profits, or a variety of other factors. This is why it is extremely vital that you not count entirely on a vendor's word, yet instead, utilize the seller's solution in conjunction with your overall due diligence. This will paint an extra sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that earnings margins are too thin. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or may result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new consumers? Most times, operating businesses have repeat consumers, which develop the core of their daily earnings. Certain factors such as brand-new competition growing up around the location, road building, and also staff turnover can influence repeat customers and also negatively influence future profits. One important point to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the greater the chance to construct a returning client base. A final thought is the general location demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? How might the regional average house earnings influence future earnings potential?