Commercial HVAC Company

Not Disclosed, UT

Asking Price: Annual Revenue:
$4,800,000 $16,765,684

Services: Construction, Contractors

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RE: Commercial HVAC Company Broker: Marvin Slovacek

Quick Facts

Asking Price: $4,800,000
Annual Revenue: $16,765,684
Net Profit: Not Disclosed
Cash Flow: $1,998,978
Total Debt: Not Disclosed
FF&E: $891,827
Real Estate: Not Disclosed
Year Established: 2001
Employees: 100
BBN Listing #: 42224955
Broker Reference #: 7401-13072

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Business Overview:

One of the top HVAC companies in Utah, specializing in larger commercial projects. Operates throughout the Intermountain West, with 40% of business located outside of Utah. Key officers are remaining with the firm providing an easy transition. Ideal situation for a non-local firm to expand geographically into the area.

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Property Features and Assets:

Headquarters provides adequate room for parking of vehicles and warehousing of parts and supplies. Freeway access is quick and easy from the headquarters location. Assets = $891,827

Market Competition and Expansion:

There are naturally competitors in the Intermountain West providing HVAC installations for a variety of larger clients. However, there are only a limited number who have both the manpower, financial strength and experience to complete the larger jobs handled by this firm. There is more work available to the company than they can handle at this time, thus the presence of competitors in the market does not provide an obstacle to growth and profitability. The subject business has grown substantially over the last several years and could grow faster still. Work in Progress is currently more than $27,000,000. The only growth limitation is the manpower and the financial capacity for starting up new jobs. A strong buyer with the cash availability to handle the start-up on new work could generate very substantial and very rapid new business growth. The Utah and Intermountain West is growing rapidly with no end in sight. Utah was again named by Forbes as the #1 state in the country for business.

Reason for Selling:

One owner wants to retire.

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.

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