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Hvac Upper Midwest
Location: United States -> Minnesota
Industry: Business Services > Other Services

Business Summary

The Company's primary target are high-end construction, residential homes ranging from $1 million to $7 million.

The owners feel that the Company could double it's revenue if a new buyer hired more sales and production to work on the add-on/replacement part of the business. This new business can come from the Company's own database.

Overall, industry revenue is forecast to rise at an annualized rate of 4.0% over the five years to 2026, totaling $120.2 billion, which includes a significant bump of 8.4% in 2021 alone as residential construction activity surges amid shifting demographic preferences. IBISWorld expects total revenue to increase at an annualized rate of 0.3%, totaling $122.2 billion over the five years to 2026, as key downstream markets stabilize and the broader economy emerges from pandemic recession.

Most of the Company's business comes from ''word of mouth'', networking with contractors. Other marketing they use is billboards, their website, Google pay-per-click, and some radio advertising.


Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $6,500,000
Cash Flow:   $1,900,000
Cash Flow Type:  EBITDA
Inventory:  $340,000
Seller Financing:  Yes

About The Business

Year Established:  1974
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  retierment

Print Listing Id: 700372050
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Also See: Franchise Opportunities > Franchise Resales > Minnesota Businesses For Sale > Minnesota Franchises For Sale > Minnesota Business Brokers

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