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Business For Sale
HVAC BUSINESS IN BEAUTIFUL NC MOUNTAINS
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Asking Price: |
$246,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Desire to relocate and be close to family |
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Year Established:
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1988 |
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# of Employees:
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9FT,1PT |
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Yearly Revenues:
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$784,000 |
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Yearly Cash Flow:
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$124,000 |
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Monthly Payroll:
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$25,000 |
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Total Debt:
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$20,000 |
Business for Sale Overview:
This HVAC business was established in 1988. Over the past 20 years the company has established a name as one of the premier HVAC companies in their area. Product lines include Heat pumps and A/C systems, furnaces, Air Quality products, home stand-by generators, a full service department and installation department. The current breakdoiwn of business is 75% change outs and new installations, ranging from $6,000 to $25,000 for new installs, and change outs range from $3,000 to $10,000 the remaining 25% of the business is service and repair calls from $89.00 and up. Included in the service department is a large and growing base of Routine Maintence Contract customers. The residential side of the business represents 80% of the installations and service to an area that is made up of full time residence and vacation homes. The other 20% of the business is providing installations and service to the commercial busines locations that support the local community in the Western North Carolina area.
Property Features and Assets:
The business is located in a well upfitted commercial leased space of 3,000 plus feet of which 80% of the space is currently utilized with some room for growth in both office and warehouse, with a parking area that is able to accomodate employees and company vehicles in the rear with customer parking in the front.
Market Competition and Expansion:
The current owners have continued to provide superior customer service and workmanship, while focusing on ways to improve and diversify their business. For example this past year they have expanded into a new market with the addition of a new service. This service is not currently offered by any competitors in their current market area. This allows the opportunity to offer a service to new and existing customers which will continue to increase their customer base.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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