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Very Profitable, Commercial Hvac Contractor
Location: United States
Industry: Business Services > Construction




Business Summary

Located in the southwestern United States, the company has been in business since 1989 and has been operated by the same owner. The business is one of the largest and well known Multi-Family HVAC companies in Arizona. Their core business is new construction HVAC installs in commercial buildings and apartment complexes. They also expanded their service department which serves a large percentage of apartment complexes, property management companies, commercial building and residential homes throughout the area. With an outstanding reputation they developed over three decades nearly all of the projects they participate in are with several well established builders and owners to whom they have ongoing working relationships. Through these relationships the yearly workload is brought to them rather than having to seek out jobs and competing on the street. Along with larger builders they also have developed very good working relationships with medium and small commercial contractors, custom home builders and remodel contractors. The company operates out of an office/shop building with offices on two stories and a full sheet metal shop. The office space is 1,200 sq. ft. and the shop is 1,980 sq. ft. The owner would prefer to lease the building but is open to a purchase of the real estate. The owner would like to retire and would be open to working with a new owner doing estimating and purchasing out of his home office. He will keep his contractors licenses in place until such time as the new owner will qualify. There is excellent key staff in place to operate the company. There are 34 employees. The owner spends three days a week in town and the balance of the week out of the country (he mainly comes in to sign checks as he will not delegate that responsibility). The owner states that the last recession did not affect his business and he was busy with many jobs. He feels his success is due to excellent customer service and communication. The company has a stellar reputation


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $7,993,000
Cash Flow:   $1,843,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $290,000
Seller Financing:  Yes

About The Business

Year Established:  1989
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Three weeks without pay, longer if needed.
Reason For Selling:  Retimement

Photos

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Very Profitable, Commercial Hvac Contractor Photo 1




Print Listing Id: 700327685
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Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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