NOT DISCLOSED, Iowa
| Asking Price |
$3,300,000 |
Year Established |
1977 |
|
| Annual Revenue |
$2,405,975 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Kevin Doyle |
|
| Annual Cash Flow |
$822,614 |
Listing Number |
1007154 |
|
| # of Employees |
8 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
A long-standing HVAC service company is available for acquisition in Eastern Iowa. This non-union operation has delivered consistent results to a large diverse customer base for several decades. The company has built a strong reputation for quality and customer service. Listed for $3,300,000, the sale includes all fixed assets and inventory.
This is an ideal opportunity for:
- Strategic Trade Company Buyers
- Midwest Private Equity Investors focused on Service Contractors
- Owner-operators that can satisfy the licensing requirements
Property Features and Assets:
<p>Principals own the commercial real estate and will lease to business acquirer. A centrally located office warehouse that allows for convenient service calls. Seeking a minimum of 5-year lease at $4,000/month NNN.<br></p><p>Assets = $175,865</p>
Market Competition and Expansion:
<p>The area residential HVAC service market is supported by the subject company and a few long-standing competitors. No new entrants noted. Subject separates itself from the competition with integrity both in the quality of its work and a high attention to customer service.<br></p><p>There are several notable opportunities for growth: These include: (1) increased radio/television marketing, (2) add ancillary services, and (3) add staff to increase capacity.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity