Lucrative HVAC/Plumbing Business

Not Disclosed, ND


Asking Price: Annual Revenue:
$950,000 $1,812,046

Services: Construction, Contractors


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RE: Lucrative HVAC/Plumbing Business Broker: Fred Koenig

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,812,046
Net Profit: Not Disclosed
Cash Flow: $739,902
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 4
BBN Listing #: 248543436
Broker Reference #: 8575-87372

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Business Overview:

This household name company was established in 1985 and has remained a family owned business located in North Dakota. The company's reputation is second to none and has an outstanding & growing customer base. The company operates a full service HVAC and plumbing business that repairs, sells and installs a full line of products. The majority of their current business portfolio is made up of 40% commercial and 60% residential customers.

They have a fleet of 5 service vehicles and the business is operated in a nice size commercial building. The shop is in a desirable location and can be leased for a reasonable price. Business has been approved for a 75% SBA loan. Owner is willing to finance up to 10 to 15 percent financing for a well-qualified buyer.

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Property Features and Assets:

Same owner for 33 years.

Market Competition and Expansion:

The Company has experienced consistent growth and an expanding customer base for the last 3 years. It has the potential to grow even more with additional employees to handle all the future business, and by offering additional services that their competitors don’t offer.

Reason for Selling:

Retiring

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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