HVAC - Longevity & Reputation (Residential 90%)

Not Disclosed, IL
Winnebago County

Northern Illinois


Asking Price: Annual Revenue:
$750,000 $2,227,000

Services: Construction, Contractors


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RE: HVAC - Longevity & Reputation (Residential 90%) Broker: William Satterlee
Owner Financing is Available!
Seller will finance a portion of the sale to a strong buyer.

Quick Facts

Asking Price: $750,000
Annual Revenue: $2,227,000
Net Profit: $189,582
Cash Flow: $457,119
Total Debt: Not Disclosed
FF&E: $165,000
Real Estate: $100,000
Year Established: 2001
Employees: 10
BBN Listing #: 179229822
Broker Reference #: 5567

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Business Overview:

SELLER FINANCING TO QUALIFIED BUYERS. Well-established turn-key Heating & Air-Conditioning Contractor (approx. 90% residential 10% commercial) in the Northern Illinois area. Seller will stay to train and provide transition.

2018 Revenues: $2.204M / 2019 Revenues: $2.206M / 2020 Revenues $2.227M
2018 SDE: $455,652 / 2019 SDE: $343,864 / 2020 SDE: $457,119

Seller transitioning to retirement! This premier HVAC business has had a stellar reputation for decades and they have hundreds of service contracts. They represent a variety of brands; Armstrong, Mitsubishi, Ruud They offer all types of HVAC service and installation including geothermal, radiant, and forced air systems. They have a custom sheet metal shop in house and create all their own duct-work. All FF&E & 50K of inventory goes with this sale including 6 vans and 2 trailers. Real Estate included in the sale or can be leased separately.

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Property Features and Assets:

Located in the center of town occupying 2,250 square feet each floor of the building plus 1,350 square feet of warehouse space. Customers can select products and services directly from the store. Front door step parking with amble parking for employees. Property is included in the sale for $100,000.

Market Competition and Expansion:

Few local competitors.

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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