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HVAC for sale in Cass County, ND

Cass County, North Dakota (ND)

Asking Price: Gross: Cash Flow:
$ 490,000 $ 788,224 $ 138,493

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 20,000 (included in the asking price)

Business Summary:
The business was started in 1996 for HVAC service and repair for commercial customers. Service and Repair accounts for about 60% of their business, while replacement accounts for about 40%. The company is a strong player in the new industry trend of switching from pneumatic to electronic controlled systems, in this area, they have several commercial contracts, including Banks, Schools and Hospitals. Serving all mechanical aspects of the building, including steam and hot water boilers, burners, pumps, fans, chillers, cooling towers and controls, they have developed a strong reputation in the area for knowing how to bring all facets of the mechanical systems in a building to work together. Because of their industry knowledge and strong reputation, a good portion of their business comes from referrals and past customers. The business is Union friendly.

 

   
Year Business was Established: 1996
   
Number of Employees: 2 FT  
   
Facilities / Terms of Lease: The Partners own their current facility under a different entity and rent it back to the business. For an agreed upon rate and term, they will rent back to the new Owner of the business, or they would consider selling the property to the new Owner.  
   
Potential Growth/Expansion: There is a significant amount of growth potential in the area, especially within the electronic controlled system market.  
   
Competition: There are several HVAC contractors in the metro area, but the competition within the market of electronic controlled systems is not as intense.  
   
Owner willing to finance: $340,000 down/$150,000 for 60 mos. @ 7%  
   
Owner willing to train: Will train for 12 weeks @ no cost  
   
Reason for selling: The Partners are planning to retire.  
   
Seller Reference Number: 5302-14285
BusinessMart.com Listing Number: 231531
 

 

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For more info contact:

Craig Sanford

Murphy Business & Financial Services
727-725-7090

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