49 year-old HVAC Company

Location: Southeast Massachusetts

Listing Headline: Profitable HVAC

Description: established HVAC Company located in Southeast Massachusetts. Founded in 1960, PB employs 25 full time employees, 14 of which are Master Plumbers, 9 certified HVAC technician and the remainder office and clerical/technical staff. The company has 18 service vehicles and occupies over 10,000 sq. feet, in two buildings in a centrally located facility. The mix of business is 10% commercial and 90% residential. As example business currently has 3000 home keys of clients that are seasonal residents and perform shut off/turn on services in Fall and Spring. Geographic scope of the business is primarily The Cape & Islands but on occasion has performed contract work off Cape. Average annual sales in the past few years have been 5MM with solid repeat business.

Financial Information
Yearly Gross: $ 5,000,000+
Cash Flow: $ 711,417
Assets: $ 750,000+ (included)
Inventory: $ 25,000 +
Real Estate: not included but available on lease/lease to purchase or sale
Financing: Pending SBA Pre-Screen
Asking: $1,000,000.00

General Information
Year Established: 1960
Years Owned: 3
Facilities: 10,000 sq feet in two buildings, on office/showroom the other warehouse
Growth and Expansion: Increase base business with aggressive marketing and begin to introduce alternate energy plans such as Solar & Geothermal as alternatives to fossil fuel. The Cape has the highest energy costs in The State and new tax incentives make alternative energy payback much more realistic.
Support/Training: 30-60 days
Reason Selling: health issue
Employees: 25 FT PT
Franchise: Home-based: Re-locatable: yes

For more information, please contact
Company: ROI Corporation a BBANE Affiliate
Broker: Bill Hogan
Phone: 781-682-6209 ext. 223
Cell: 781 956 6196
Email: info@roibusinessbrokers.com