NOT DISCLOSED, Washington
| Asking Price |
$1,050,000 |
Year Established |
1980 |
|
| Annual Revenue |
$1,336,335 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Wes Martin |
|
| Annual Cash Flow |
$362,508 |
Listing Number |
1003168 |
|
| # of Employees |
3 |
Business Category |
Services: Home Improvement, Repair, Painting |
|
Business Overview:
Forty plus years of heritage come with this well-known, retrofit HVAC business. Businesses like this that have brand recognition, extensive history, and a stellar reputation only come around very rarely. While focusing on high margin installation and maintenance services, this business has consistently produced profitability. With increase in capacity, technology upgrades, this business could easily scale as the demand for their services remains high. The income producing real estate is also available and would add thirty thousand to the cash-flow. The seller would prefer to sell the real estate with the business as a package deal but is open to other options where a Buyer can be a tenant. If you are an ambitious buyer who recognizes the almost unlimited potential of the HVAC industry, this could be the opportunity for you. All inquiries will be required to submit a Non-Disclosure Agreement.
Property Features and Assets:
<p><br></p><p> </p><p>This heritage firm operates from an older, but functional property that includes office, shop and warehouse space. The Seller’s own the building and they pay themselves rent. The preference would be to sell their real estate with the business. The income producing real estate is available in addition to the business for $424,000.</p><p> </p>
Market Competition and Expansion:
<p><br></p><p> </p><p>Of course, there is competition within the HVAC world, but this firm has a generational history behind their name. This company almost exclusively provides installation and service to the high margin, downturn resistant, and desired retrofit market for over forty years. Throughout that history, they’ve cultivated loyal customers that call on this company for their needs. HVAC is one of the few trades invited into customers’ homes once or twice a year for maintenance. Savvy owners see this as an opportunity to solve any additional issues those customers may have which highlights why HVAC is so desired as an industry. The Sellers have deliberately kept their business on the small side. For an ambitious buyer, HVAC in the retrofit market can be scaled through technology, systems, capacity increases and marketing. This business has a solid foundation in name and reputation. Building from this established base, there is a clear pathway to growth.</p><p> </p><p> </p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity