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Business For Sale
AIR CONDITIONING/HEATING BUSINESS, ALMOST ABSENTEE
Attn:
Anthony LoMenzo
Citrus county, FL, USA
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Listing Number: "FBA-L05078"
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Listing
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Asking Price: |
$175,000
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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ready to retire |
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Year Established:
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1969 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$70,000 |
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Yearly Gross Income:
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$500,000 |
Business for Sale Overview:
Well Established (14 years at this location, however business established in 1969) and reputable Air Conditioning and Heating business has built a large base of loyal repeat customers. About 80% of the customer base is residential. The rest (20%) is commercial. Although almost absentee, the current owner is ready to retire. The fact that the owner has limited servicing new constructions to a small percentage has prevented a decline in business earnings that the present economy and housing slowdown would have caused. As a matter of a fact, he was able to maintain earnings at the same level in 2006 and 2007. The business has about $15,000 of equipment, which includes 4 vehicles (3 vans and a pickup truck) and $3,000 of inventory. The owner works about 20 to 30 hours per week and has four good employees, one of which is on call on weekends. Area of expansion: 1) offering Commercial refrigeration services would significantly increase earnings; 2) Selling maintenance contracts; Turn Key Business! Owner will stay a month (at No Cost) to facilitate a smooth transition.
Property Features and Assets:
The business has about $15,000 of equipment, which includes 4 vehicles (3 vans and a pickup truck) and $3,000 of inventory.
Market Competition and Expansion:
The fact that the owner has limited servicing new constructions to a small percentage has prevented a decline in business earnings that the present economy and housing slowdown would have caused. As a matter of a fact, he was able to maintain earnings at the same level in 2006 and 2007.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be 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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