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📍 Route File #01 • Dallas–Fort Worth, TX

$0 Out of Pocket: Dave's Commercial HVAC & Fleet

Owner Dave (age 63) retiring after 28 continuous operating years. 8 Ford Transit service vans, 42 commercial maintenance retainers, fully free & clear UCC equipment lien.

Annual SDE

$420,000

Asking Price

$950,000

Down / DSCR

$0 Down • 2.61x

Institutional Credit Memo ● 5/5 PASSED

01 Cash Reconciliation IRS 1.8% gap PASS

02 SBA 7(a) Shape DSCR 2.61x PASS

03 Contract Lock 42 B2B retainers PASS

04 Lease Estoppel 24-mo assign PASS

05 UCC Clearance 8 vans free & clear PASS

● Audited Inventory

8 Audited Route CIM Files

Trade routes with retiring founders and 100% seller note or SBA 90/10 structure.

● Cash Flow Engine

Underwrite Route: Dave's Commercial HVAC

Asking Price $950,000

Annual SDE Cash Flow $420,000 / yr

Financing Note Term 10 Years (120 Months)

Monthly Take-Home to Operator

+$23,650 / mo

After $11,350/mo senior debt service

Debt Service Coverage SAFE 2.61x

2.61x DSCR

● Founder Outreach

Confidential Succession Letter

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