Listing ID: 76560
An established owner-operator HVAC and refrigeration business is for sale in North East Kansas. The company specializes in residential and commercial HVAC and refrigeration, as well as fireplace and hearth services. There are many opportunities for growth as there is little competition within the company’s service area. This is a great opportunity for someone looking to go off on their own.
Asking Price: $274,000
Training & Transition: 60 days included in sales price
Reason for sale: Other business opportunities
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $274,000
- Cash Flow: $102,107
- Gross Revenue: $566,157
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2004
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Office and warehouse space with 5000 sqft.
Other business opportunities.
The business was founded in 2004, making the business 18 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell businesses. Nevertheless, the real reason and the one they tell you might be 2 entirely different things. As an example, they may state "I have too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competition, current reduction in incomes, or a range of various other reasons. This is why it is really vital that you not rely absolutely on a vendor's word, but instead, use the seller's answer in conjunction with your overall due diligence. This will repaint an extra reasonable image of the business's current situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans with the purpose of covering things like supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that profit margins are too tight. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be met or may cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in new clients? Most times, operating businesses have repeat consumers, which develop the core of their daily revenues. Certain aspects such as brand-new competitors growing up around the area, roadway building, and employee turnover can influence repeat clients and also negatively impact future earnings. One important thing to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business regularly, the higher the possibility to develop a returning consumer base. A last idea is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? How might the local mean household earnings influence future income potential?