Business for Sale Overview:
A Heating, Ventilation and Air conditioning (HVAC) company is available for acquisition. The company has been in business for 20 years and has a recent 5-year average annual pre-tax net income in excess of $250,000 to the owner. The owner now wishes to retire. The company concentrates on the residential market and works directly with homeowners to replace or retrofit their HVAC systems. Even with the current economic decline, the company's sales strategy of "direct to homeowner" remains successful. The 5-year average monthly revenue is $66,400 at an average pre-tax net income of 30%. Company revenue for the last 6 months has been consistent with the 5 year monthly average. The company appears to be unaffected by the current housing market. None of its revenue is obtained from General Contractors or Developers. Two products are being introduced. Both have good profit margins. Installation time for either is less than a day. Company technicians have experience installing both products. The first allows homeowners to independently regulate the temperatures in each room of a home without affecting the other rooms, and within certain ranges, to automatically adjust those temperatures with changing external temperature. The homeowner has a more comfortable environment and receives the energy cost saving over traditional HVAC systems. The second product is retrofitted to existing ductwork or installed in new systems. It ionizes airflow in the ductwork to destroy airborne bacteria. For occupants susceptible to such bacteria, this product is indispensable. Buyers with C-20 licenses can utilize the SBA financing that is available for this business. For those without C-20 licenses, the seller will remain as a RME until the buyer obtains a C-20 license. In this situation, no SBA financing is available for the acquisition. Seller prefers a buyer with sound marketing and sales skills to capitalize on the opportunity for the new products.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Included in asking price: FF&E $50,000 and Inventory $20,000. Facilities: A fully equipped company truck and an inventory of frequently used supplies are included in the sales price. The company leases office space and storage space for HVAC units and inventory. Financing: $300,000 If SBA financing is unavailable. Support/Training: Seller will provide training or support management on terms to be negotiated per purchase agreement.
Market Competition and Expansion:
Competition: The company has been in business for 20 years and has always been profitable. Competitors are local HVAC companies, most of which do not have the additional technology products available from this company. The company's Technicians have been employed for an average period that exceeds 8 years. Employees are compensated at well above industry rates. Buyer should possess sound marketing skills.
Growth/Expansion: The company's presence at Trade Shows raised the acceptance of the recently introduced products and generated new orders and sales. A professional marketing program is necessary in order to take advantage of the new opportunities.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.