Construction - Special Trades

Asking Price	$650,000	Inventory	$65,000*
Gross Income	$1,189,000	Real Estate	$325,000*
Cash Flow	$218,000	Year Established	1986
FF&E	$175,000*	Employees	6 full time

* included in the asking price

** not included in the asking price

A highly successful Heating, Ventilating, and Air Conditioning (HVAC) contractor is willing to sell his business and retire. The Seller considers himself burned out after 31 years in that business. This HVAC contractor emphasizes new construction, and his customers are typically building contractors. The company is well known with a highly favorable image. It is located in a Middle Tennessee suburb that has been experiencing high growth, which is expected to continue for many, many years. After acquiring this business, the Buyer will be free to increase the emphasis of the more lucrative servicing of existing HVAC systems business segment. Many years of installing HVAC systems in new homes have provided a very large number of good customer leads for future service business. Due to the high level of growth in the area, excellent opportunities for growth are also available by adding additional building contractors as customers or by continuing to serve existing customers as the customers continue to grow their businesses. This business has been growing since its inception 21 years ago, and has served many of its customers for over 20 years. The business includes an almost new building in a choice industrial and office park in an excellent location. This business has been prequalified for an SBA loan. Furniture, Fixtures, & Equipment: $90,000 Vehicles and / or rolling stock: $85,000 Inventory: $65,000 Accounts Receivable (if included): $-0- Land and Building (if included): $325,000 Other Assets: $35,000 Current Liabilities to be assumed: $-0- Current Notes to be assumed $-0- Asking Price: $650,000 Down Payment: $97,500 Annual Sales Volume: $1,189,000 Cash Flow: $218,000

Facilities: The business includes an almost new 1,800 sq. ft. (30 ft. x 60 ft.) building in a choice industrial and office park in an excellent location.

Competition: While there are several possible competitors, the Seller has been very successful in keeping his customers, many for 19 years or so. County licensing requirements are a barrier to entry (It takes time, effort, etc. to receive a license.), and the transferability of the Sellers license and relationships is a strong incentive to buy this business.

Growth/Expansion: After acquiring this business, the Buyer will be free to increase the potentially more lucrative servicing of existing HVAC systems business segment. Many years of installing HVAC systems in new homes have provided a very large number of good customer leads for future service business. Due to the high level of growth in the area, excellent opportunities for growth are also available by adding additional building contractors as customers or by continuing to serve existing customers as the customers continue to grow their businesses.

Financing: $97,500 Down Payment Based Upon a (Prequalified) 17 Year SBA Loan

Support/Training: Part time training for 60 days.

Reason Selling: The Seller considers himself burned out after 30 years in that business.