Hot Listing
80 Year Old Hvac Equipment Manufacturer Selling Multiple Lines
Asset Sale Description
Established HVAC Equipment Manufacturing Asset Sale - 80-Year Legacy Business
This asset sale presents a rare opportunity to acquire the manufacturing assets and intellectual property of an 80-year-old HVAC equipment manufacturer established in 1945. Located in Garfield Heights, Ohio (Cuyahoga County), this essential business specializes in environmentally friendly and fuel-efficient heating equipment across multiple product lines.
Business Overview:
The company has built a strong reputation over eight decades as a manufacturer of commercial and industrial HVAC equipment, focusing on environmental sustainability and energy efficiency. With established manufacturing processes and proven product lines, this represents a turnkey opportunity for an experienced operator or industry player looking to expand their capabilities.
Financial Performance:
The business demonstrates profitability with large margins, reflecting the essential nature of HVAC equipment in commercial and industrial applications. The established customer base and proven product demand provide a solid foundation for continued operations.
Assets Included:
This asset sale encompasses manufacturing equipment, inventory, intellectual property, and established product lines developed over 80 years of operation. The buyer will acquire the tools and knowledge necessary to continue production of environmentally conscious heating solutions.
Location Advantages:
Situated in Garfield Heights, Ohio, the facility benefits from proximity to major transportation networks and industrial centers throughout the Midwest, providing efficient distribution capabilities and access to skilled manufacturing workforce.
Owner Support:
Marty Schonberger Jr. will provide comprehensive transition support including 10 hours of complimentary consultation plus travel expenses during the first 60 days post-closing. Additional consulting services available at $55 per hour plus expenses to ensure smooth operational transition.
Reason for Sale:
Owner is selling due to health problems, creating an opportunity for a qualified buyer to acquire this established manufacturing operation.
This represents an exceptional opportunity to enter or expand in the essential HVAC manufacturing sector with proven products, established processes, and comprehensive seller support.
This asset sale presents a rare opportunity to acquire the manufacturing assets and intellectual property of an 80-year-old HVAC equipment manufacturer established in 1945. Located in Garfield Heights, Ohio (Cuyahoga County), this essential business specializes in environmentally friendly and fuel-efficient heating equipment across multiple product lines.
Business Overview:
The company has built a strong reputation over eight decades as a manufacturer of commercial and industrial HVAC equipment, focusing on environmental sustainability and energy efficiency. With established manufacturing processes and proven product lines, this represents a turnkey opportunity for an experienced operator or industry player looking to expand their capabilities.
Financial Performance:
The business demonstrates profitability with large margins, reflecting the essential nature of HVAC equipment in commercial and industrial applications. The established customer base and proven product demand provide a solid foundation for continued operations.
Assets Included:
This asset sale encompasses manufacturing equipment, inventory, intellectual property, and established product lines developed over 80 years of operation. The buyer will acquire the tools and knowledge necessary to continue production of environmentally conscious heating solutions.
Location Advantages:
Situated in Garfield Heights, Ohio, the facility benefits from proximity to major transportation networks and industrial centers throughout the Midwest, providing efficient distribution capabilities and access to skilled manufacturing workforce.
Owner Support:
Marty Schonberger Jr. will provide comprehensive transition support including 10 hours of complimentary consultation plus travel expenses during the first 60 days post-closing. Additional consulting services available at $55 per hour plus expenses to ensure smooth operational transition.
Reason for Sale:
Owner is selling due to health problems, creating an opportunity for a qualified buyer to acquire this established manufacturing operation.
This represents an exceptional opportunity to enter or expand in the essential HVAC manufacturing sector with proven products, established processes, and comprehensive seller support.
Detailed Information
- Years in Operation
- 80
- Facilities & Assets
- all component inventory, tooling and fixtures, sample product and paper based drawings, Adams website and URL, Adams phone number, customer list with contact info.
About the Sale
- Transition Support
- Marty Schonberger jr will provide 10 hours of pro-bono time plus travel expenses if required over the first 60 days after closing. He will enter into a consulting agreement to further assist the buyer @ a rate of $55.00 per hour plus any travel expense at cost.
- Seller Motivation
- Health problems
Listing Info
- ID
- 2403293
- Listing Views
- 285
Attached DocumentsAttachment Disclaimer
Listing ID: 2403293 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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