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 and pre-paid maintenance program. Two locations - both profitable and growing.
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Property Features and Assets:
Location one is a very well maintained insulated 4,766 sq ft 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 with fenced yard for service vehicles as well as customer parking. Zoned Commercial.
Price: $450,000 for the Real Estate location one or lease $3,000 per month triple net.
Location number two is currently a lease $4,000 per month, triple net. Location number two is 5,000 square foot commercial building on a 26,400 square foot lot, available for continued lease, purchase or contract for purchase. Subject to negotiation.
Assets = $526,000
Market Competition and Expansion:
Company has steadily grown and become the go-to HVAC provider in the area. Company has a full fabrication shop, service vehicles and processes in place which are the foundation for continued growth. The solo operators in the area are at a disadvantage because there are no close warehouses which makes it difficult for them to stock the necessary repair parts or major components for commercial construction. The lack of distributors in the area make inventory crucial. The company has 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. This is a well managed business where a buyer will have the option of letting it run as is, or taking a more hands on approach. Management and programs are in place for a smooth transition.
Reason for Selling:
Owner is ready 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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