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Asking Price:	$275,000 USD USA Dollars
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	semi-retirement
Year Established:	1989
# of Employees:	6
Yearly Cash Flow:	$127000
Yearly Gross Income:	$462000

Business for Sale Overview:

Charlotte area HVAC with established builder and residential relationships. 40% of sales installing new equipment in new residential construction, 40% service work on all brands of heating and cooling equipment, and 20% replacing cooling and heating equipment in existing homes. The company has an excellent reputation in the community for quality work at a fair price,and skilled and trained employees who will stay with the new owner. Positive up trend in 2006 Sales which owner expects to continue. 5000 SF facility on approximately 1 nicely landscaped acre owned by the Seller with room for expansion. Estimated FMV of real estate is approximately $450,000. Owner will provide extensive training to Buyer.

Property Features and Assets:

Facilities are located in a 5000 SF building on approximately 1 acre. The building is 1 story and was constructed in 1987. the property is owned by the Seller in the form of an LLC. According to the owner of the business and the property, the building has 3-phase power, and room for expansion. The office area is 1300 SF and the warehouse are is 3700 SF. Both areas are heated and cooled. There is a small kitchen in the building. The property is nicely landscaped.

Market Competition and Expansion:

During the last 2 years, the owner was turning down work due to his physical problems. In 2006, he started to feel better and took on more work that accounted for the increase in sales. A new owner with more drive and better health could call on other contractors, and increase yellow page advertising, to produce more sales. There are many competitors in the area, but the owner has been able to cvompete effectively to get all the work he wants to handle.

Additional Details:

• The property is owned.
• 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.