Listing ID: 78859
Geothermal Energy is both efficient and green. Company has been in the heating and cooling industry for more than 20 years. Leading New England geothermal installer. Expertise, time-tested products and superior service have earned an impeccable reputation among homeowners and home building professionals alike.
• Quality systems, especially suited to our New England climate and geology
• Advanced design tools to customize your system for your home
• A collaborative approach with your contractor to get the job done on time and on budget
Average 100 system installs per year including :
All kinds of energy efficient HVAC systems , not just Geo Thermal, our HVAC certified system installers have 20+ years of experience in the industry. We design and install high quality, energy efficient ducting for residential and commercial HVAC systems in New England. Our regional trusted partners in the HVAC industry rely on our expertise to meet or exceed Energy Star and U.S. Department of Energy standards.
- Asking Price: $1,185,000
- Cash Flow: $350,000
- Gross Revenue: $1,760,000
- EBITDA: N/A
- FF&E: $135,000
- Inventory: $10,000
- Inventory Included: N/A
- Established: 2007
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,088
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Located off a main road with easy access to Highways.
2 weeks ( with additional consultation after sale )
This is a leading edge company offering Geothermal.
The company can easily grow by extending services in other areas.
The venture was founded in 2007, making the business 15 years old.
The sale doesn't include inventory valued at $10,000*, which ins't included in the asking price.
The business has 8 employees and is located in a building with estimated square footage of 2,088 sq ft.
The building is leased by the business for $2,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell businesses. However, the genuine factor vs the one they say to you might be 2 totally different things. For instance, they may claim "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might just be excuses to attempt to hide the reality of altering demographics, increased competitors, current reduction in earnings, or an array of various other factors. This is why it is extremely important that you not depend absolutely on a seller's word, yet instead, utilize the seller's response combined with your overall due diligence. This will paint a more realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies borrow money with the purpose of covering points like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that earnings margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location attract new consumers? Often times, companies have repeat customers, which develop the core of their everyday earnings. Specific aspects such as new competitors sprouting up around the location, roadway construction, and employee turn over can influence repeat customers and negatively influence future earnings. One vital point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the greater the possibility to develop a returning client base. A last idea is the general location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the regional mean house income impact future earnings prospects?