Listing ID: 82928
Business Overview
Sunbelt Business Brokers of Baton Rouge presents this long standing HAC business for sale in metro Baton Rouge, La. Business has been in operation for over 35 plus years and has a stellar reputation and a very loyal, repeat customer base. Business has that small company feel but delivers the same if not better any large HVAC service. Company services both residential and commercial customers. Company is known for its fast, reliable and dedicated service to get the job done. In a business where reputation and service matters, this business has it all. Company is primed and set up for new ownership to come in and take it to the next level.
Owner has decided to sell and is ready to retire and enjoy the good life. Seller will help train and transition new owner. Contact us today for more information on this long standing HVAC business for sale. Come meet the owner, see the great fit for you, be impressed and make offer!
Financial
- Asking Price: $350,000
- Cash Flow: $110,000
- Gross Revenue: $490,000
- EBITDA: N/A
- FF&E: $60,000
- Inventory: $5,000
- Inventory Included: Yes
- Established: N/A
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,400
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Available
Retirement
Additional Info
The deal will include inventory valued at $5,000, which is included in the asking price.
The business has 3Ft 1Pt employees and is situated in a building with approx. square footage of 2,400 sq ft.
The property is leased by the business for $1,500 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell companies. However, the genuine factor vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be reasons to attempt to hide the reality of transforming demographics, increased competitors, current reduction in earnings, or a range of various other factors. This is why it is really essential that you not count completely on a vendor's word, but rather, utilize the seller's solution in conjunction with your general due diligence. This will repaint a much more practical picture of the business's present scenario.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover items such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that revenue margins are too small. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be satisfied or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract brand-new customers? Many times, operating businesses have repeat consumers, which form the core of their everyday profits. Particular aspects such as new competition sprouting up around the location, roadway building and construction, and personnel turnover can influence repeat consumers and also negatively influence future earnings. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the higher the possibility to construct a returning client base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? Just how might the neighborhood typical home earnings impact future revenue potential?
