Seller's Contact Information
- RE: Lucrative HVAC/Plumbing Business
- Contact: Fred Koenig
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $976,699 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $265,619 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 4 | |
BBN Listing #: | 248543436 | |
Broker Reference #: | 8575-87372 |
Business Overview:
This household name company was established in 1985 and has remained a family owned business located in North Dakota. The company's reputation is second to none and has an outstanding & growing customer base. The company operates a full service HVAC and plumbing business that repairs, sells and installs a full line of products. The majority of their current business portfolio is made up of 40% commercial and 60% residential customers.
They have a fleet of 5 service vehicles and the business is operated in a nice size commercial building. The shop is in a desirable location and can be leased for a reasonable price. Business has been approved for a 75% SBA loan. Owner is willing to finance up to 10 to 15 percent financing for a well-qualified buyer.
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Property Features and Assets:
Same owner for 33 years.
Market Competition and Expansion:
The Company has experienced consistent growth and an expanding customer base for the last 3 years. It has the potential to grow even more with additional employees to handle all the future business, and by offering additional services that their competitors don’t offer.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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