Description
This is your opportunity to own a profitable HVAC business with real estate located in a desirable area of Wayne county. For over 40 years this business has been providing quality air conditioning repair, heating repair, and installation. The owner has maintained meticulously organized books and records, earned excellent customer reviews, and cultivated a large, loyal, and growing customer base with records of thousands of repeat customers. The business has provided HVAC for some of the largest subdivisions and custom builders in the area. Sales make up approximately 80% residential and 20% light commercial. The licensed and professional staff includes a licensed supervisor/salesman, office manager, and multiple field techs. All products and services are backed by preventative maintenance and extended warranties. As an essential service provider, the company remained open during the COVID shutdowns and profitability has been increasing throughout the year. The building is well maintained, 5,000 Sq Ft. with high visibility frontage with consistent traffic. Recent upgrades include a new rubber roof, tinted windows, and roof-top full power generator, large parking lot. The sale includes a fully equipped shop, office, tools, 7 vehicles (3 are new vehicles in 2019) modified with ladder racks and company-branded graphics. The business is poised for the growth potential of 2x-3x with the necessary manpower. A+ rating with the Better Business Bureau. Call today for more information!
Financial Update 2021:
Total Sales (January 2021 – May 2021): $654,384
Average Monthly Sales 2021: $130,876
Business Overview
| Revenue | $1,510,044 |
| Cash Flow | $342,897 |
| Inventory | $140000 +/- |
| Year Established | 1981 |
| Seller Financing | No |
| Employees | 8FT 8PT |
| Asking Price | $750,000 |
Key Statistics
- Hours of Operation: Monday - Friday: 8 am - 5:30 pm
- Employees: 8 Full Time 8 Part Time
- Year Established: 1981
- Year Acquired: 1981
- Liscence Required: Mechanical & Sales Tax
- Seats: N/A
- Parking: 30+
Financial Information
- Gross Sales: $1,510,044
- Source: Seller Provided Financials
- Cash Flow: $342,897
- Source: Seller Provided Financials
- Inventory Value: $140,000
Seller Financing
Location
- Real Estate Price: $380,000
- Purchase Terms: Cash or Bank Financing
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.