Description of the business for sale
This company has a solid reputation started by the current owner's father in 1952 and under the current owner since 1974. They do sales and service for residential customers with much repeat business. However they concentrate on commercial new construction and commercial service work.This is a first class money making company that is ready for expansion with no need for additional capital expenditures or space constraints. It's ready to go for a new aggressive owner to take to the next level.
GROWTH: Air conditioning and ventilation are a natural fit for expansion. In addition the current owner has not actively marketed the company.
COMPETITION: Excellent location and attractive site. Four local competitors within 10 mile radius.Company mainly does new commercial construction $5M and under and services commercial and residential customers. Currently no marketing plan in place.This family owned company has operated in this area for over 50 years and has earned a reputation of quality and fairness.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Negociable
•Inventory: $65,000
•FF&E: $162,500
REASONS FOR SELLING: Retirement
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Support / Training provided by seller
Owner will transition up to one year if necessary.
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Description of the facilities
All modern and good condition equipment capable of supporting additional volume. Facility consists of two buildings totaling 8315 sq. ft.Room for shop and parking all equipment inside as well as modern office. Lease terms will be negotiated.
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