Business Summary:
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
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| Year
Business was Established: 1977 |
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| Number of Employees:
8 FT |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
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. |
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| Competition:
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. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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Seller Reference Number: 5001-19327
BusinessMart.com Listing Number: 320917 |
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