Business For Sale

HVAC: 60% Residential & 40% Commercial

Johnstown, PA


Asking Price: Annual Revenue:
$397,000 $496,328

Services: Home Improvement, Repair, Painting


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RE: HVAC: 60% Residential & 40% Commercial Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $397,000 10% Buyer Down Payment: $39,700 10% Seller Financing: $39,700 80% Bank Loan: $317,600 A 10% down payment returns $65,950 in the first year after debt payments!

Quick Facts

Asking Price: $397,000
Annual Revenue: $496,328
Net Profit: Not Disclosed
Cash Flow: $113,254
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1945
Employees: 5
BBN Listing #: 629134398
Broker Reference #: SER047

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Business Overview:

In business since 1945, this HVAC installation and repair business in central Pennsylvania has established a solid reputation and loyal customer base. Client base breakout is 60% residential and 40% commercial. The average ticket for equipment, installation, materials, and other related services is around $3,500.

With 2PT (focused on office and bookkeeping functions) and 3FT installers and service technicians, one owner focuses on business oversight and sales expansion (does not perform equipment installs or service). The other owner performs 35% of the service work, which can be absorbed by other existing employees. Normal business hours are 8-4:30 Monday through Friday with 24-hour service available.

The business generally carries $40,000 in standard inventory. Accounts receivable for commercial jobs runs $17,000 on average. This business has positive web traffic, with 20% of new residential customers coming via website.

Business calls for new building and remodeling installs are currently being turned away. Expanding sales and repair services, as well as increased marketing are also opportunities for growth.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Lease: $3,334/month.

Market Competition and Expansion:

Growth Opportunities: Expand sales and repair services; work with contractors for new build and remodel installs (currently turning that business away); expand marketing.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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