| Asking Price |
$550,000 | Inventory |
$25,000** |
|---|---|---|---|
| Gross Income |
$1,600,000 | Real Estate |
|
| Cash Flow |
$180,000 | Year Established | 1950 |
| FF&E |
$275,000* | Employees | 7 Full Time |
* included in the asking price
** not included in the asking price
This is a 60+ year old HVAC business providing full contract maintenance/service contract/general mechanical repair services to the residential and commercial customers in it's sphere of market influence. It is one of the largest and respected firms of it's type in the area. Good books and records available to specifically pre-qualified buyers. Two strategic locations serve this trade area. Both locations have adequate parking, storage, shop manufacturing (duct work, hvac repairs/assembly) and one central administrative office necessary to dispatch/conduct business on a timely basis. Lease terms will be negotiated as part of a negotiated contract. The real estate may be purchased by separate agreement provided closing is contemporaneous with the sale of the business enterprise. Two prime locations in eastern VA (Tidewater SMSA). HVAC maintenance and repair provider. Company has operated for 60+ years and has extensive accounts/repeat customers for both new HVAC work, maintenance contracts, repairs, etc. from both residential and commercial clients.
Facilities: Two strategic locations serve this trade area. Both locations have adequate parking, storage, shop manufacturing (duct work, hvac repairs/assembly) and one central administrative office necessary to dispatch/conduct business on a timely basis. Lease terms will be negotiated as part of a negotiated contract. The real estate may be purchased by separate agreement provided closing is contemporaneous with the sale of the business enterprise.
Competition: Two prime locations in eastern VA (Tidewater SMSA). HVAC maintenance and repair provider. Company has operated for 60+ years and has extensive accounts/repeat customers for both new HVAC work, maintenance contracts, repairs, etc. from both residential and commercial clients.
Growth/Expansion: Excellent with qualified new management/ownership.
Financing: N/A
Support/Training: Training and transition will be provided as necessary to a qualified buyer. Due to nature of the business it will appeal to buyers in the HVAC maintenance and repair industry.
Reason Selling: Retirement

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