NOT DISCLOSED, Illinois
| Asking Price |
$450,000 |
Year Established |
|
|
| Annual Revenue |
$480,339 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Tony Sansone |
|
| Annual Cash Flow |
$123,255 |
Listing Number |
1017681 |
|
| # of Employees |
|
Business Category |
Services: Construction, Contractors |
|
Business Overview:
35+ Year Established HVAC Company Serving Chicagol
This well-established HVAC company has been serving residential and commercial customers throughout the Chicagoland area for more than 35 years. The company focuses on the best performance of the HVAC equipment it installs, with the goal of maximizing the efficiency of every unit sold. This is a unique service that companies in this trade rarely provide. It has also built a formidable reputation for diagnosing and correcting difficult, long-standing HVAC problems that other contractors have been unable to resolve. One of the company’s greatest strengths is its reputation. Long-standing relationships with local real estate agents and home inspectors generate consistent year-round referrals. The company spends no money on advertising, with business generated through word-of-mouth and its established referral network. Employee turnover is exceptionally low, and the team has strong HVAC troubleshooting and technical skills. Owners currently manage and oversee field and office operations. This company continues to experience strong demand for repairs, replacements and installations in both good and bad economies. With an established customer and referral base, a new owner could expand capacity and introduce advertising and marketing to accelerate growth. This opportunity requires prior HVAC experience or a qualified operator and is well suited to an experienced HVAC professional pursuing business ownership or an established HVAC company looking to expand in the Chicagoland market.
Property Features and Assets:
<p>Two Ford Transit service vehicles, model years 2017 and 2018, along with larger and more specialized company<br>owned tools and equipment that are not individually owned by the technicians.<br></p>
Market Competition and Expansion:
<p>The company stands out through its performance-based approach to HVAC and its ability to diagnose and correct long-standing problems that other contractors have been unable to resolve. Its established reputation and referral relationships with local real estate agents and home inspectors provide a consistent source of business.<br></p><p>The business has strong growth potential by expanding its capacity to take on additional work. Demand is driven largely by referrals and word-of-mouth, with no current spending on advertising, creating additional opportunities for a new owner to introduce marketing and expand the customer base.<br></p>
Additional Details:
- The property is Leased.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity