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Established Commercial Hvac Contractor
Location: United States -> Michigan
Industry: Business Services > Construction




Business Summary

Founded over thirty years ago, the Company is an established heating, ventilation, and air conditioning contractor. The West Michigan Company offers a wide variety of services, including heating and cooling design, installation, replacement, repair, inspections, design-build, and more. The Company serves a long-standing and loyal customer base (85% commercial / 15% residential).

The Company derives approximately 70% of revenue from HVAC unit replacements, 20% from services, 7% from maintenance, and 3% from new construction.

The Company differentiates itself through its reputation and experienced staff. The average tenure of employees at the Company is over ten years and includes both young and experienced employees. The Company strives to offer the same specialized services as larger HVAC players while providing a high-quality and personalized customer experience.

The Company operates out of facilities owned by the same owner as the Business, under a separate real estate holding entity. Two buildings total 11,540 square feet. Ownership is willing to lease the facility to the new owner.

The Company is operated by an owner and their spouse. Ownership is ready and willing to provide reasonable and ordinary transitionary assistance for new ownership.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email info(at)caldergr.com and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,716,641
Cash Flow:   $418,467
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,324,475
Seller Financing:  Yes

About The Business

Year Established:  1987
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary transition assistance.
Reason For Selling:  Ownership is seeking retirement.




Print Listing Id: 700365144
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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