South Dakota Black Hills Area HVAC Company

Not Disclosed, SD

Asking Price: Annual Revenue:
$158,000 $547,854

Services: Construction, Contractors

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RE: South Dakota Black Hills Area HVAC Company Broker: Josh Wolters

Quick Facts

Asking Price: $158,000
Annual Revenue: $547,854
Net Profit: Not Disclosed
Cash Flow: $74,596
Total Debt: Not Disclosed
FF&E: $82,292
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 77964955
Broker Reference #: 5401-14966

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Business Overview:

This HVAC company has made a name for itself over the past 12 years by providing professional service at competitive prices. Four employees round out the owner’s experience and allow the owner to take time off as needed. The current owner works full-time, but this could easily be run semi-absentee as the employees are accustomed to long stretches working by themselves.

The current owner moved to South Dakota in 2007 and started this company to be near family. He started and owned a similar company with 40 employees before he moved. He started this company from scratch and knows that it can grow as fast or as big as a new owner is motivated to grow it. The current owner is having some health issues that may require him to retire and move out of state.

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Property Features and Assets:

The 1,200 square feet shop sits on 3 acres with a 3-bedroom home and a couple other out buildings. All are available for $290,000, or the business operations could be moved elsewhere. Assets=$84,792

Market Competition and Expansion:

There is plenty of competition and work to be done in the growing economy and community of the Black Hills. The company has built up a very positive reputation by providing quick, reliable service. The largest limitation is, as with any business in the state, the small labor pool. Even with the current employees more business could be done. If the owner wanted to work full-time year-round another nice increase in sales could be realized. There is work out there for a motived owner if they were to bring on more employees. The Black Hills saw 266 new homes valued at $56,718,315 built in 2018. There were nearly 781 building permits in Pennington County alone.

Reason for Selling:

Owner is moving.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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