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Very Profitable HVAC Company In Palm Beach County, FL
Business Description
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Very Profitable HVAC Business In Palm Beach County, FL
Asking Price: $1,699,999
Annual Figures: 2024
Gross Sales: $1,401,590
Net Profit: $458,987
Expenses: 2024
COGS: $507,681
Salaries & Wages: $306,840
Highlights:
- Company started in 2010
- Located in Palm Beach County, FL
- Very minimal advertising
- Jobs come mostly from word of mouth and residual customer base. Strong presence in multiple communities. 10-15% of jobs from online presence
- 6 employees
- Long employee tenure. Key man in the business.
- Owner does sales, bidding, and overseeing. There is one other employee that does some bidding too.
- 5 vehicles
- Leases a location (consists of office and warehouse). Has been there for 4 years.
- Mostly HVAC work. Not much appliance repair
- Mostly residential. Not much new construction work.
- 60% install 40% service
- Owner has class B license
- Tracking for around $1,600,000 for 2025
- Minimal inventory 10-15K
- No debt with the company
- Service area: Jupiter, North palm beach, Palm Beach Gardens, Hobe Sound, & Tequesta
- Owner is retiring
- Fully approved by SBA
- Minimal seller financing available
From Tax Return:
2024: Gross: $1,401,590
Addbacks:
Compensation of officers: $83,965
Depreciation: $6,092
Ordinary business income: $368,930
Adjusted net income for 2024: $458,987
From Tax Return:
2023: Gross: $1,355,374
Addbacks:
Compensation of officers: $87,500
Depreciation: $20,200
Ordinary business income: $339,839
Adjusted net income for 2023: $447,539
From Tax Return:
2022: Gross: $1,066,410
Addbacks:
Compensation of officers: $83,500
Ordinary business income: $207,930
Adjusted net income for 2022: $291,430
From Tax Return:
2021: Gross: $1,040,844
Addbacks:
Compensation of officers: $84,400
Ordinary business income: $229,357
Adjusted net income for 2021: $313,757
Very Profitable HVAC Business In Palm Beach County, FL
Asking Price: $1,699,999
Annual Figures: 2024
Gross Sales: $1,401,590
Net Profit: $458,987
Expenses: 2024
COGS: $507,681
Salaries & Wages: $306,840
Highlights:
- Company started in 2010
- Located in Palm Beach County, FL
- Very minimal advertising
- Jobs come mostly from word of mouth and residual customer base. Strong presence in multiple communities. 10-15% of jobs from online presence
- 6 employees
- Long employee tenure. Key man in the business.
- Owner does sales, bidding, and overseeing. There is one other employee that does some bidding too.
- 5 vehicles
- Leases a location (consists of office and warehouse). Has been there for 4 years.
- Mostly HVAC work. Not much appliance repair
- Mostly residential. Not much new construction work.
- 60% install 40% service
- Owner has class B license
- Tracking for around $1,600,000 for 2025
- Minimal inventory 10-15K
- No debt with the company
- Service area: Jupiter, North palm beach, Palm Beach Gardens, Hobe Sound, & Tequesta
- Owner is retiring
- Fully approved by SBA
- Minimal seller financing available
From Tax Return:
2024: Gross: $1,401,590
Addbacks:
Compensation of officers: $83,965
Depreciation: $6,092
Ordinary business income: $368,930
Adjusted net income for 2024: $458,987
From Tax Return:
2023: Gross: $1,355,374
Addbacks:
Compensation of officers: $87,500
Depreciation: $20,200
Ordinary business income: $339,839
Adjusted net income for 2023: $447,539
From Tax Return:
2022: Gross: $1,066,410
Addbacks:
Compensation of officers: $83,500
Ordinary business income: $207,930
Adjusted net income for 2022: $291,430
From Tax Return:
2021: Gross: $1,040,844
Addbacks:
Compensation of officers: $84,400
Ordinary business income: $229,357
Adjusted net income for 2021: $313,757
About the Business
- Years in Operation
- 15
- Facilities & Assets
- 1200 Sqft warehouse and office space.
- Market Outlook / Competition
- He gets most of his jobs from word of mouth and referrals so doesn't really compete on bids with any other companies. Can easily turn on marketing for the business to expand. Does very little marketing currently.
- Opportunities for Growth
- Plenty of growth with the company in this area. Can add on other services as well.
About the Sale
- Seller Motivation
- Owner is retiring
- Transition Support
- Owner will help with the transition for 60-90 days.
- Financing Options
- Minimal seller financing. Fully approved with SBA lender.
Listing Info
- ID
- 2414052
- Listing Views
- 378
Listing ID: 2414052 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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