HVAC

Not Disclosed, ND
Cass County


Asking Price: Annual Revenue:
$490,000 $788,224

Services: Construction, Contractors


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RE: HVAC Broker: Brad Sturn
Owner Financing is Available!
$340,000 down/$150,000 for 60 months @ 7%

Quick Facts

Asking Price: $490,000
Annual Revenue: $788,224
Net Profit: Not Disclosed
Cash Flow: $138,493
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 2
BBN Listing #: 83434955
Broker Reference #: 5302-14285

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Business Overview:

The business was started in 1996 for HVAC service and repair for commercial customers. Service and Repair accounts for about 60% of their business, while replacement accounts for about 40%. The company is a strong player in the new industry trend of switching from pneumatic to electronic controlled systems, in this area, they have several commercial contracts, including Banks, Schools and Hospitals. Serving all mechanical aspects of the building, including steam and hot water boilers, burners, pumps, fans, chillers, cooling towers and controls, they have developed a strong reputation in the area for knowing how to bring all facets of the mechanical systems in a building to work together. Because of their industry knowledge and strong reputation, a good portion of their business comes from referrals and past customers. The business is Union friendly.

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Property Features and Assets:

The Partners own their current facility under a different entity and rent it back to the business. For an agreed upon rate and term, they will rent back to the new Owner of the business, or they would consider selling the property to the new Owner. Assets= $145,000

Market Competition and Expansion:

There are several HVAC contractors in the metro area, but the competition within the market of electronic controlled systems is not as intense. There is a significant amount of growth potential in the area, especially within the electronic controlled system market.

Reason for Selling:

The Partners are planning 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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