The Company was established in 1974. The Company is a HVAC contractor specializing in the expert installation of furnaces and air conditioners. They work with leading builders and remodelers. The majority of the homes they work on range from $1M to $7M while still helping the average home owner.
The Company is well positioned to provide a stable and profitable platform for growth. It is an attractive acquisition candidate for strategic or private equity desiring a well established business.
In 2020 the Company yielded $6,2 M in revenue with Adj. EBITDA of $1,2 M. The Company is on track to achieve $6.5 M in revenue with $1.6 M Adj. EBITDA for 2021.
- Asking Price:
- Over $5M (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $6,500,000 (USD)
- Cash Flow:
- $1,900,000 (USD)
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Office, production and inventory storage space
Valued at $550,000 before appraisal.
- Premises Details:
-
Clean office and warehouse
- Size in square feet:
- 2,000
- Planning Consent:
-
There is other adjacent property
Business Operation
- Expansion Potential:
-
Buyer can expand by reaching out to more builders and marketing
- Competition / Market:
-
Most of the Company’s business comes from “word of mouth”, networking with contractors. Other marketing they use is billboards, their website, Google pay-per-click, and some radio advertising.
- Reasons for selling:
-
The Company is for sale because the owner feels that it is time to exit the business. They would like to retire and enjoy life.
- Trading hours:
-
Office: Monday-Friday 8.5 hour days
Crew: Monday-Friday; 40 hours
Service: Monday-Friday 8.5 hour days
- Employees:
- 25
- Years established:
- 1974
Other Information
- Support & training:
-
The Company is for sale because the owner feels that it is time to exit the business. They would like to retire and enjoy life. Seller will stay with buyer post closing if buyer wants
- Financing available:
-
10%
- Furniture / Fixtures value:
- $386,000 (USD) - included in the asking price
- Inventory / Stock value:
- $340,000 (USD) - included in the asking price
