Seller's Contact Information
- RE: Commercial & Residential HVAC
- Contact: Elizabeth Bellit
Quick Facts
Asking Price: | $310,000 | |
Annual Revenue: | $480,353 | |
Net Profit: | $126 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 2,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 3 | |
BBN Listing #: | 26984931 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Founded 35 years ago, the company offers heating and cooling services to the rapidly growing Salt Lake Valley. They have earned a loyal customer base for their expert services, affordable prices on many brands and affordable 24/7 services. Approximately 70% of their business serves well-known commercial clients with service contracts in place, some spanning over 30 years. The commercial service split is 70% new installation while residential services largely focus on repairs.
Their technicians are qualified to provide services across the full spectrum of heating, cooling, equipment maintenance, new equipment installations and repair. They have built their reputation on providing needed repairs at a fair price, opposed to high-pressure sales to generate new installations. They do not market or advertise their services, consistent with similar service providers in the region.
A new owner with the enthusiasm to build on the company’s history and reputation can leverage the consistent growth in the region to its benefit. The current owner is willing to stay in his role, which gives the business semi-absentee to absentee owner potential. Some seller financing may be negotiable for a well-qualified buyer.
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Additional Details:
- The property is Leased.
- 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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