Hot Listing

Premier mid-Michigan Residential and Commercial HVAC contractor

Asking Price$580,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

Inventory$140,000
Included in asking price
FF&E$50,000
Included in asking price
listing imageSave
Hot Listing

Premier mid-Michigan Residential and Commercial HVAC contractor


Asking Price$580,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,000

Inventory$140,000
Included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
For over 70 years, this Company has been committed to providing customers quality and value for their HVAC needs. The Company is a leading contractor for residential and light commercial projects.

The Company offers nationally known brands of energy saving furnaces, air conditioners and accessories. They are all quality built to give satisfaction for years.

Forced air furnaces, boilers, central air conditioners, electronic or media air cleaners, humidifiers, rooftop units, water heaters, bath fans, fireplaces, zone systems, duct work, plumbing fixtures and piping installations.
About the Business
Years in Operation
72
Number of Employees
6
Currently Relocatable
Yes
Facilities & Assets
Sale price includes all trucks and equipment necessary to service and install HVAC equipment, including sheet metal fabrication in the shop. Also includes FF&E for tracking customers, suppliers, scheduling and administrative functions.

Sale price also includes $200,000 in inventory, accounts receivables less accounts payable.
Market Outlook / Competition
Market has been stable and growing. Several competitors have exited the market over the past 4 years. A total of 4 competitors remain with varying degrees of capabilities.
Opportunities for Growth
Company has been operated as a lifestyle business for the past 5+ years with a focus on repeat customers and no expansion activity. Growth initiatives could include: 1) Advertising & promotions, 2) Additional strategic relationships, 3) Expanded services, 4) Dedicated sales staff.

Forecasts are based on management expectations and are not a guarantee of future performance.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$2,291.67 per month
Lease Expiration
3/1/2026
About the Sale
Seller Motivation
Owner is retiring.
Transition Support
Owner is willing to assist with transition activities, including training, introductions to key suppliers, key customers, understanding employee capabilities, etc. Transition activities would be expected to take 15-45 days.
Financing Options
Seller financing available. Financial forecasts are based on management expectations
Listing Info
ID
2219939
Listing Views
2450

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Leslie Black The Woodward Company, Inc.

Listing ID: 2219939 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.