Business Overview:
This heating and air conditioning company was established in 1961 and has a long track record of success and profitability. A great reputation and consistently expanding customer base has encouraged the seller to seek a larger partner in the HVAC community to buy this business. The seller wants to stay with the business to help it grow without the day-to-day burden of operations. The seller is a master salesperson who routinely outsells his capacity and ends up referring out over a million dollars of business per year.
This is a perfect earn out scenario where the buyer and seller can both reap the rewards of growth, revenue and high earnings. The seller is looking for a larger HVAC company with the resources available to keep up with his sales efforts.
Revenue for 2021 is forecasted to exceed $3,000,000 in sales.
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Property Features and Assets:
There is a 6,000 square foot building available for $600,000 and is not included in the sales price of the business. The buyer has the option to purchase, lease or use their own facilities.
Market Competition and Expansion:
Seller wants to stay with the company for a 3 to 5 year period and solely focus on business development.
Reason for Selling:
Growth
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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