Listing ID: 79064
This HVAC Company with a proven track record and loyal customer base in bustling Strafford County, NH is for sale. The business specializes in residential and light commercial work. With over 1,600 customers in the last two years, this established business has even more opportunity for growth. The customer base values quality over cost and historically the demand for installations has far exceeded the capacity.
- Asking Price: $349,000
- Cash Flow: $154,589
- Gross Revenue: $515,717
- EBITDA: N/A
- FF&E: $62,375
- Inventory: $2,000
- Inventory Included: N/A
- Established: 2005
- 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
Business is currently operated out of Seller's home. Will need to be relocated. (Home Based)
As needed / To be negotiated.
This Business Is Home Based
The venture was started in 2005, making the business 17 years old.
The transaction shall not include inventory valued at $2,000*, which ins't included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell companies. Nonetheless, the genuine factor and the one they say to you might be 2 absolutely different things. For instance, they might state "I have a lot of various commitments" or "I am retiring". For many sellers, these reasons are valid. But, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competitors, current reduction in profits, or a range of various other factors. This is why it is extremely important that you not count absolutely on a seller's word, however instead, utilize the seller's response together with your total due diligence. This will paint a much more sensible picture of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering items such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that revenue margins are too tight. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that have to be fulfilled or may cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new consumers? Most times, businesses have repeat consumers, which form the core of their day-to-day revenues. Particular aspects such as brand-new competition growing up around the area, roadway building, as well as personnel turn over can impact repeat clients and adversely impact future revenues. One essential thing to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to develop a returning consumer base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the regional mean family income influence future revenue potential?