Listing ID: 79141
Great opportunity to own an established HVAC company in St Johns Co., Florida, one of the fastest growing counties in the US. Established operation with a good mix of replacement, maintenance and service revenue (no new construction).
The Seller is available for a reasonable transition period to ensure a smooth ownership transition with employees and customers.
Email me today for an NDA or call me at 904-759-7902 to learn more about this opportunity. NDA and Buyer Profile required for details.
- Asking Price: $899,000
- Cash Flow: $304,760
- Gross Revenue: $1,649,364
- EBITDA: N/A
- FF&E: $100,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,500
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
Warehouse with second floor buildout, offices and a small conference/meeting room with kitchen.
Seller is flexible depending on the buyers needs. Two weeks of training offered at no cost, longer period is negotiable, up to 6 months.
Seller is starting another business.
The company was started in 2009, making the business 13 years old.
The deal does include inventory valued at $10,000, which is included in the asking price.
The business has 7 employees and is located in a building with approx. square footage of 1,500 sq ft.
The property is leased by the company for $850 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell businesses. However, the real reason vs the one they say to you might be 2 entirely different things. For instance, they may state "I have too many various obligations" or "I am retiring". For many sellers, these factors are valid. However, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competitors, current decrease in earnings, or a range of various other factors. This is why it is really crucial that you not depend completely on a vendor's word, but rather, use the seller's response together with your total due diligence. This will repaint a more practical picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that revenue margins are too small. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that have to be met or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract brand-new consumers? Many times, companies have repeat customers, which create the core of their day-to-day profits. Certain variables such as brand-new competitors growing up around the area, road construction, and personnel turnover can affect repeat customers and also negatively influence future earnings. One vital point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the better the possibility to construct a returning consumer base. A last idea is the general area demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the local average house earnings impact future income prospects?