Business Overview:
Well Managed Growing Heating and Cooling Contractor and Service Company. The company started as a HVAC service company and has since grown into the premier HVAC service, maintenance, installation and fabrication company in the region. Full shop capable of fabricating all types of sheet metal, insulated duct-work with a fleet of well equipped service trucks, inventory of replacement parts, well trained technicians and up to date service practices including flat rate manual for selling service. Two locations - both profitable and growing.
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Property Features and Assets:
Well maintained insulated 4,766 square feet steel building with reception area, sales office, support office, executive office, meeting/training room, inventory/tool storeroom, large shop with three phase service and all machines necessary to fabricate sheet metal, with tall overhead doors. Separate cold storage area for bulk inventory and ample parking outside in fenced yard for service vehicles as well as customer parking. Zoned Commercial.
Price: $1,500,000 for the Business $350,000 for the Real Estate = $1,850,000 for both. Also available separately is a remodeled 40'X80' block construction building adjacent to the business for an additional $200,000. Owner prefers to sell the Real Estate with the business.
Well equipped shop with all of the machines and heavy tools needed to form any type and size of sheet metal duct work. Fleet of modern service vehicles equipped with all necessary service tools. Ample supply of repair parts and raw materials.
Assets = $510,000.
Market Competition and Expansion:
No competition in the area. Several solo operators that do not compete for new construction or service of larger accounts. They are unable to stock the necessary repair parts. There are no distributors in the area, so inventory is crucial. The only fully tooled fabrication facility in the area.
Good potential for growth as the area continues to prosper. Company is tooled up to compete for large commercial new construction and maintenance. Owner feels that new construction will continue to expand and customers will continue to upgrade to newer and more efficient HVAC units. Two locations in two different towns. Both locations are running very well. Very good growth potential for both locations. Owner has instituted a well planned pre-paid maintenance service agreement that is well received by employees and customers.
Reason for Selling:
Owner is ready to retire.
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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