| Asking Price |
$165,000 | Inventory |
$100,000** |
|---|---|---|---|
| Gross Income |
$400,000 | Real Estate |
|
| Cash Flow |
$85,000 | Year Established | 1982 |
| FF&E |
$80,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
This HVAC & Electrical company started in 1982 and has been operated by the current owner since. Operating in Eastern ND and Western MN with a well established customer base has enabled them to grow revenues averaging $375K per year with a great reputation and dedicated experienced staff. The current owner s discretionary earnings for the last two years average $80,000. The owner has run this business on word of mouth and has more work than he can handle. The majority of work at this time is residential with some commercial. In addition to increased sales opportunities/efforts, the company also has great upside potential to improve revenue and profitability through doing some proactive advertising and picking up some of the plumbing business that is currently turned away. This profitable business is a great fit for another small contractor looking to pick up some revenue and clients or a recent graduate looking to own their own company and work with an experienced master until they are ready. The Seller is more than happy to assist in a smooth transition of ownership and into his retirement.
Facilities: Working out of 40'x130' shop which can be sold with business, but business is relocatable. All tools necessary for HVAC and Electrical are included
Competition: Obviously lots of HVAC companies out there, but 26 years in business with no advertsiing and most of revenue is repeat customers.
Growth/Expansion: Build upon a great client base and start adding employees and pick up the work that is currently being turned away. Advertising would help grow the business.
Financing: May finance right buyer
Support/Training: Sell will stay and train and transition clients. Length dependent on buyer
Reason Selling: Retirement

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