This Twin Cities HVAC company provides repair and replacement services for heating, ventilation, cooling and refrigeration needs for commercial, industrial, property managers and multi - unit housing buildings. The company was started 30+ years ago and has a stellar reputation for service and responsiveness to their customers. Their business is 100% commercial, industrial, & property management business. There is no single family residential business by desire. Most of their customers are repeat customers, having used this company for their repair and replacement needs for years. Their long term customer base has grown to a point that the demand for service is difficult to meet. The company does not do new construction. The Pandemic had an initial effect on revenue for 2020. Tax returns for 2020 are not available yet, but revenue was about $547,000 and the SDE should still be over $291,000. The best buyer will have extensive HVAC experience or the ability to hire that expertise.
The business is currently run out of the owner's home.
Because of the quality reputation of service and responsiveness, the company already gets called for more business than it can handle today. By adding appropriate staff, a website, and creating a marketing program, this company could grow far beyond the levels that they are at today.
There are many other local competitors in the market. Not all specialize in just commercial work.
The owner wished to start to process of retirement, but is willing to work for as long as a year in the buyer's company to facilitate an orderly transition of his commercial and property management customers from himself to the buyer and allow the buyer to leverage the 30+ years of contacts.
Will train for 4 weeks @ no cost The company provides repair and replacement services for the heating, cooling, ventilation and refrigeration needs of their commercial account base. The qualified buyer needs understand how to manage a business and a be knowledgeable about the HVAC industry. Several licenses and certifications are also required to operate this business.