Business For Sale

Reputable HVAC Company With Growing Sales

Not Disclosed, MI

Asking Price: Annual Revenue:
$395,000 $699,499

Services: Construction, Contractors

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RE: Reputable HVAC Company With Growing Sales Broker: Tanya Popov
Owner Financing is Available!
Seller financing might be available to a qualified buyer. SBA pre-approved.

Quick Facts

Asking Price: $395,000
Annual Revenue: $699,499
Net Profit: Not Disclosed
Cash Flow: $175,970
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 4
BBN Listing #: 452028552
Broker Reference #: MI102517

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Business Overview:

Great opportunity to acquire a Southeast Michigan HVAC company that has a proven track record for over 50 years! Services include installation and servicing of residential and commercial HVAC, refrigeration, generators, air purifiers, boilers and more as technicians are extremely well-rounded. The Company is a Professional (Elite) Partner with multiple national equipment brands and has earned a 5-star rating with the Better Business Bureau. Their customer base is 80% residential, 20% light commercial, with over 200 service contracts in place. Revenue has significantly increased in 2017 due to increase in labor force, service contracts and ongoing training.

This is a turnkey business with up-to-date books, reports and processes. Personnel consists of an office manager/dispatcher and three experienced technicians, all full time. The owner has some day-to-day responsibilities, but primarily focuses on growing the business and making key decisions for the company. Day to day operations are primarily handled by office staff.

All infrastructure is in place including office setup, newer vehicles purchased in 2017, equipment, and current website. The office is open 6-days/week, and offers 24/7 emergency services.

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Property Features and Assets:

Currently the business operates out of a month-to-month leased space allowing the new owner to stay or relocate.

Market Competition and Expansion:

Although competition exists, this business has loyal hard-working employees, well-rounded service offerings, superb reputation and established name. The cash flow could be significantly increased if the new owner puts additional focus on marketing service agreements and adding more commercial business.

Reason for Selling:

Retiring from the business

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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