NOT DISCLOSED, Connecticut
| Asking Price |
$495,000 |
Year Established |
|
|
| Annual Revenue |
$1,629,000 |
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Bo Prybyla |
|
| Annual Cash Flow |
$200,000 |
Listing Number |
507740 |
|
| # of Employees |
|
Business Category |
Services: Construction, Contractors |
|
Business Overview:
First time offered for sale due to retirement. This HVAC contractor is well established and has a loyal following in the market place. They offer all of the standard services provided by a traditional HVAC company. Installation and maintenance of residential HVAC systems.
Annual maintenance contracts consist of approximately $500,000 of their annual revenue on a reoccurring basis. This HVAC company is also a market leader in the Geothermal Exchange Systems. They offer installation and maintenance of highly sophisticated systems with an average installation cost of over $30,000. At present, the company has an existing backlog of around $1,000,000 worth of signed contracts to be completed this year.
Real Estate: Is owned and is for sale at fair market value with an estimated Real Market Price of $425,000. The Real Estate consists of a building approximately 5,000 Square Feet. The owner would prefer to sell the property with the business.
Growth: Additional technicians, expanding geographic footprint,
Equipment/Inventory: $150,000 value of Trucks, Equipment and Inventory included in the sale.
Financing: Available – SBA eligible – based on credit history 25% down; 15-year term.
Transition: Ideal individual will have an HVAC background. The owner will remain for a period TBD to ensure a smooth transition.
Property Features and Assets:
Market Competition and Expansion:
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