Established and Consistent Eastern Iowa HVAC Service Contract

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Iowa

$3,300,000

Listing# :

2479057

Gross Revenue :

$2,405,975

Status :

For-Sale

Discretionary Earnings :

$822,614

Business Description

A long-standing HVAC service company is available for acquisition in Eastern Iowa. This non-union operation has delivered consistent results to a large diverse customer base for several decades. The company has built a strong reputation for quality and customer service. Listed for $3,300,000, the sale includes all fixed assets and inventory. This is an ideal opportunity for: – Strategic Trade Company Buyers – Midwest Private Equity Investors focused on Service Contractors – Owner-operators that can satisfy the licensing requirements

Detailed Information

Real Estate:

Leased

Employees:

8 Full-time

Facilities:

Principals own the commercial real estate and will lease to business acquirer. A centrally located office warehouse that allows for convenient service calls. Seeking a minimum of 5-year lease at $4,000/month NNN.

Growth & Expansion:

There are several notable opportunities for growth: These include: (1) increased radio/television marketing, (2) add ancillary services, and (3) add staff to increase capacity.

Reason for Selling:

Retirement.

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