LISTING ID: T171018

STATUS: ACTIVE

HIGHLIGHTS

REVENUE:        $699,499

NET PROFIT:     $175,970

EMPLOYEES:     44

ESTABLISHED:  1960

FF & E:              $20,000

ASKING PRICE: $395,000

INVENTORY:      $90,000

REPUTABLE HVAC COMPANY WITH GROWING SALES

SOUTHEAST MICHIGAN

BUSINESS SUMMARY

Great opportunity to acquire a Southeast Michigan HVAC company that has a proven track record for over 50 years! Services include installation and servicing of residential and commercial HVAC, refrigeration, generators, air purifiers, boilers and more as technicians are extremely well-rounded. The Company is a Professional (Elite) Partner with multiple national equipment brands and has earned a 5-star rating with the Better Business Bureau. Their customer base is 80% residential, 20% light commercial, with over 200 service contracts in place.  Revenue has significantly increased in 2017 due to increase in labor force, service contracts and ongoing training.

 

This is a turnkey business with up-to-date books, reports and processes. Personnel consists of an office manager/dispatcher and three experienced technicians, all full time. The owner has some day-to-day responsibilities, but primarily focuses on growing the business and making key decisions for the company. Day to day operations are primarily handled by office staff.

 

All infrastructure is in place including office setup, newer vehicles, equipment, and current website.  The office is open 6-days/week, and offers 24/7 emergency services.

 

 

 

Non-disclosure required prior to receiving confidential information.

 

GROWTH AND EXPANSION

The cash flow could be significantly increased if the new owner puts additional focus on marketing service agreements and adding more commercial business.

COMPETITION

Although competition exists, this business has loyal hard-working employees, well-rounded service offerings, superb reputation and established name.

SUPPORT AND TRAINING

Seller will provide adequate training to insure smooth transition.

 

FACILITIES

Currently the business operates out of a month-to-month leased space at $500 per month, allowing the new owner to stay or relocate.

 

REASON FOR SALE & SALE TERMS

Reason for Sale: Retiring from the business.

 

Terms of Sale: Seller financing might be available to a qualified buyer. SBA pre-approved

 

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CONTACT LISTING BROKER

 

248.425.2129

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LISTING ID: T171018

STATUS: ACTIVE