Established South Florida HVAC Contractor

Description

Palm Beach County based Commercial HVAC Contractor serving all of South Florida. Primary business is contractual with Private and Governmental facilities. SBE Certified. New installation, upgrades, replacements and repair of major large HVAC systems for governmental properties, commercial properties and multifamily residential, high rise condominiums and select residential. Niche operation using 60-70%+ subcontractors. In house work primarily pipe and coolant components of HVAC systems, subcontracting remainder. Owner provides estimating and project management, and responsible for bidding and securing contracts, hiring qualified and repeat subcontractors to perform majority of work, and generating operating profit on difference between gross revenues and subcontractor COG spread. Historically and currently enjoys multiple long-term contracts, securing future revenue streams and profitable WIP. Work flow supplemented by continuous new single jobs and repeat non contractual jobs adding to strong YOY revenues. Currently home based, easily relocatable to small office/industrial park.

Listing Details

• Listing Number: 6401-199275
• Location: Palm Beach County, Florida
• Price: 550,000.00
• Down Payment: 550,000.00
• Sellers Discretionary Earnings: 180,467.00
• Category: Construction


• Inventory: 0.00
• FF&E: 70,000.00
• Employees: 9
• Years Owned: 12
• Reason for Selling: Other Interests/Relocation