Revenue Pre-Covid Level-Twin City HVAC

Not Disclosed, MN
Hennepin County

Asking Price: Annual Revenue:
$375,000 $645,635

Services: Construction, Contractors

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RE: Revenue Pre-Covid Level-Twin City HVAC Broker: Darrel Damhof

Quick Facts

Asking Price: $375,000
Annual Revenue: $645,635
Net Profit: Not Disclosed
Cash Flow: $295,992
Total Debt: Not Disclosed
FF&E: $45,757
Real Estate: Not Disclosed
Year Established: 1987
Employees: 2
BBN Listing #: 94124955
Broker Reference #: 5101-14216

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Business Overview:

This Twin Cities commercial HVAC company provides repair and replacement services for heating, ventilation, cooling and refrigeration needs for commercial, industrial, property managers and multi - unit housing buildings. The company was started 30+ years ago and has a stellar reputation for service and responsiveness to their customers. Their business is 100% commercial, industrial, & property management business. There is no single family residential business by desire. Most of their customers are repeat customers, having used this company for their repair and replacement needs for years. Their long term customer base has grown to a point that the demand for service is difficult to meet. The company does not do new construction. The Pandemic and a hand injury to the owner had an initial effect on revenue for 2020, but the year ended strong and again customers creating greater demand than the company had the personnel to do. 2021 saw business levels back to normal. The best buyer will have extensive HVAC experience or the ability to hire that expertise and take on that additional business available.

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Property Features and Assets:

The business is currently run out of the owner's home. Assets=$50,757.

Market Competition and Expansion:

There are many other local competitors in the market. Not all specialize in just commercial work. Because of the quality reputation of service and responsiveness, the company already gets called for more business than it can handle today. By adding appropriate staff, a website, and creating a marketing program, this company could grow far beyond the levels that they are at today.

Reason for Selling:

The owner wishes to start to process of retirement

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.

Relevant Links:

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