MergerPlace

Heating & Air Conditioning

Missouri


  • Asking Price: $1,250,000
  • Gross Income: $1,757,069
  • Cash Flow: $466,333
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $125,000
  • Listing ID: #221849
  • Established: 1986
  • Employees: 8 FT

Business Description

This company has been helping its customers keep warm in the winter and cool in the summer for over 30 years. The company serves both residential and commercial customers with speed, courtesy and integrity at fair prices. This company has been a success from the beginning and has maintained its stability even through the tough times everyone has been forced to endure during the Corona Virus pandemic of 2020. The strong foundation has this business primed for growth under the guidance of a new owner/operator.


Business Details

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

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 8 FT

Financial Information

Asking Price: $1,250,000
Gross Revenue: $1,757,069
Cash Flow: $466,333
FF&E: $125,000
Inventory: $35,000
Seller Financing Available: No

Property Information

Facilities:

The facility was built in 1987 specifically for this company shortly after the business was founded. It is in a great location very near a major highway with easy access to the building for deliveries. The building is approximately 4,800 square feet in total with the office being a very small portion of the total, approximately 300 square feet. The remainder of the space is partitioned off between storage space and the shop area. The storage area houses spare parts inventory as well as new equipment that is waiting to be installed while the shop area houses the machinery and equipment necessary to fabricate ventilation and other items required for installations. The layout lends itself to efficiency in the process. The building is equipped with three large garage doors and has loading docks capable of accommodating any size truck for unloading and loading of product.

Growth & expansion opportunities:

There are numerous growth opportunities available to the new owner of this business. The service area could easily be expanded and sales and marketing plans could be put into place. The current owner has not wanted to grow through the hiring of more employees but there is plenty of work available for a new owner to hire additional workers.

Competition:

There is plenty of competition in the area but this company has separated itself from the competition. The preference of customers is clearly evident as proven by the word of mouth and referral business that the company constantly receives. There is continuous growth available for a new owner that wants to hire more staff and grow the business. This business is currently forced to turn some business away because ownership does not want to take on these additional responsibilities. In spite of this the business continues to improve.

Reason for selling:

The current owners have operated the business since it was founded in 1986. They are ready to retire and move on to the next phase of life. They look forward to passing the business on to ownership that has fresh energy and ideas that will continue to serve the customers with pride and integrity.

Support & Training:

Will train for 1 week @ no cost The company provides services including central heating and cooling, residential heating and cooling equipment, commercial heating and cooling equipment, and energy efficient services. They can offer complete installation for a small residence, a large commercial apartment complex and anything in between. Commercial projects completed over the years have included retail, institutional and multi-family applications just to mention a few. Whether it’s a large complex system or a simple installation, their professional crew can handle the job. In addition to installations, the company also can service and maintain any type of equipment. Whatever the issue, the company’s licensed experts can assess the situation and offer the best solution based on the customer’s needs and budget. Heating and air conditioning is the company’s main business, but they also have individuals trained to provide a number of alternative industry related products and services including heat pumps, gas furnaces, hybrid heating systems, water heaters and interior heating systems.

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Business Listed By:

David Hamm

Murphy Business Brokers