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- RE: Commercial HVAC Company
- Contact: Trevin Rasmussen
Quick Facts
| Asking Price: | $721,000 | |
| Annual Revenue: | $893,455 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $265,599 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 2 | |
| BBN Listing #: | 1001188 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The company is a commercial HVAC service that provides fast and reliable service to long term clients. They specialize in preventative maintenance contracts (30+ current contracts) with building owners that include tune-ups, diagnostics, checking, fixing, and replacing filters, belts, freon, and more. Another major service provided is the installation and maintenance of Alerton brand DDC (Direct Digital Control) HVAC systems. Various other projects are added to their workload throughout the year when needed.
The company has a very reliable base of revenue and has grown steadily since 2014 with 2021 being a down year due to a hold on new projects starting in 2020 related to Covid restrictions. Revenues are directly related to current relationships with building owners. There is no budget for marketing or advertising as it is not necessary.
The ideal new owners should have extensive experience in HVAC and all related licenses necessary to do work in the state of Utah. Established HVAC companies looking to grow through acquiring maintenance contracts would be a good fit.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Prices charged to clients for labor have not increased since 2014. Cost of labor can be increased significantly while still under bidding competition. The company rarely takes advantage of sub-contractors. Opportunities to take on complete jobs requiring different skilled trades have been turned down in the past. Expanding to offer residential HVAC services has not yet been explored.
Market Competition and Expansion:
Zero budget currently spent on sales development or marketing.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
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
Relevant Links:
- View more Utah businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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