Furnace and Air Conditioning Repair Business

Not Disclosed, IA


Asking Price: Annual Revenue:
$775,000 $971,483

Services: Construction, Contractors


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RE: Furnace and Air Conditioning Repair Business Broker: Scott Stricker

Quick Facts

Asking Price: $775,000
Annual Revenue: $971,483
Net Profit: Not Disclosed
Cash Flow: $307,086
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1969
Employees: 4
BBN Listing #: 952435915
Broker Reference #: 2871

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Business Overview:

This successful furnace and air conditioning repair business in eastern Iowa has been selling and servicing heating and cooling equipment, boilers, commercial refrigeration equipment, and water heaters for residential and commercial customers for 48 years. This HVAC company has a loyal base of over 5,000 customers within a 25 mile market area with the majority of their business coming from repeat customers and referrals.

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Property Features and Assets:

The building the business currently operates in is a total of 3,000 square feet with 2 bays for the shop large enough for a truck to park inside plus one room for the office shared by the secretary and owner.

Market Competition and Expansion:

This business can be grown by developing an aggressive sales/marketing program, hiring more employees, and by adding services such as geo-thermal installation and gas fireplace installation. Because of its excellent reputation and loyal client base, a new owner would be able to step into a profitable, successful business and enjoy immediate results.

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.

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