MergerPlace

Profitable HVAC & Plumbing Company

Iowa


  • Asking Price: $350,000
  • Gross Income: $599,895
  • Cash Flow: $212,735
  • Real Estate: $50,000
  • Inventory: $50,000
  • FF&E: $58,000
  • Listing ID: #209185
  • Established: 1988
  • Employees: 3 FT

Business Description

This established and profitable HVAC business has served its community and surrounding area for over 30 years. Customers are both residential and commercial, with a focus on the sale and installation of plumbing, air conditioning and heating equipment and parts. They are a dealer for several quality product lines and are known for their great service and integrity. Purchase price even includes four vehicles valued at $35,000. Real Estate is very reasonably priced at $50,000 and is included in this purchase price.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Iowa

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $350,000
Gross Revenue: $599,895
Cash Flow: $212,735
FF&E: $58,000
Inventory: $50,000
Real Estate: $50,000
Seller Financing Available: No

Property Information

Facilities:

Spacious facilities with a few offices and a nice showroom. There is also a large warehouse with a very organized parts and inventory area and room to park a few vehicles. Over 5400 sq ft and a very low tax assessment.

Growth & expansion opportunities:

Buyer could market more aggressively to include a website and social media marketing to potentially increase sales and bottom line. Seller turns down many jobs because Seller prefers to work within a 15 mile radius. A new buyer could potentially increase the area served and grow sales and bottom line.

Competition:

There is only one similar competitor in town.

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost

Contact Business Seller

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Business Listed By:

Dan Tryon

Murphy Business Brokers