Established HVAC company
Hennepin County, MN![Established HVAC company](listing-images/1719108498-617056-l.png)
Asking Price :
$ 130,000
Cash Flow :
$ 50,000
Gross Revenue :
$ 125,000
Inventory :
N/A
FF&E:
$ 65,000
Year Started:
1976
Business Description
Almost 50 years in business this heating and air conditioning company is now on the market! This HVAC company does both residential and commercial sales and service about a 50/50 split. They have been successful for so long because they have set themselves apart and they are well known for doing quality work and providing excellent service. Their great reputation in the community is evident by their referral and repeat costumes. The business comes with a great website and the stellar customer reviews will be a huge benefit to the new owner.This business is run out of a 2,000 square foot shop that they lease and it comes complete with all tools needed to run a successful HVAC company. The facility also includes 3 offices and a warehouse. This business model has been very successful by utilizing quality subcontractors.
If a new owner wants to scale the business up he would be encouraged to actively participate in more trade shows and events. This has been a very successful strategy for getting new business in the past, but at his age, the current owner has not done that in 5 years. The current owner is ready to sell and enjoy retirement but he will help a new owner transition for a period of time.
Detail Information
Location: Hennepin County, Minnesota
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Lease
Building SF : N/A
Rent : N/A
Lease Expiration : N/A
Year Established: 1976
Reason for Selling: retiring