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Reputable HVAC Company For Sale

Southeast Michigan, Michigan
Asking Price:
$395,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$699,499 (USD)
Cash Flow:
$175,970 (USD)

Great opportunity to acquire a Southeast Michigan HVAC company that has a proven track record for over 50 years! Services include installation and servicing of residential and commercial HVAC, refrigeration, generators, air purifiers, boilers and more as technicians are extremely well-rounded. The Company is a Professional (Elite) Partner with multiple national equipment brands and has earned a 5-star rating with the Better Business Bureau. Their customer base is 80% residential, 20% light commercial, with over 200 service contracts in place. Revenue has significantly increased in 2017 due to increase in labor force, service contracts and ongoing training.

This is a turnkey business with up-to-date books, reports and processes. Personnel consists of an office manager/dispatcher and three experienced technicians, all full time. The owner has some day-to-day responsibilities, but primarily focuses on growing the business and making key decisions for the company. Day to day operations are primarily handled by office staff.

All infrastructure is in place including office setup, newer vehicles purchased in 2017, equipment, and current website. The office is open 6-days/week, and offers 24/7 emergency services.

Property information

Real Estate:

Lease

Location:

Southeast Michigan

Premises Details:

Currently the business operates out of a month-to-month leased space allowing the new owner to stay or relocate.

Business Operation

Expansion Potential:

The cash flow could be significantly increased if the new owner puts additional focus on marketing service agreements and adding more commercial business.

Competition / Market:

Although competition exists, this business has loyal hard-working employees, well-rounded service offerings, superb reputation and established name.

Reasons for selling:

Retiring from the business

Employees:
4 Full time
Years established:
1960

Other Information

Support & training:

Seller will provide adequate training to insure smooth transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing might be available to a qualified buyer. SBA pre-approved.

Furniture / Fixtures value:
$90,000 (USD) - included in the asking price
Inventory / Stock value:
$90,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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