Listing ID: 80401
The Company is a residential heating and air conditioning company.
They typically service 500-600 annual customers. They are not involved in new construction. Their mix is approximately 2/3 maintenance and repair and 1/3 replacement.
The work is performed by the owner and sub-contractors as needed.
Business is home based and can be easily relocated. Phone numbers and email address will be transferred to the buyer. The customer database is in Microsoft Access and will also be transferred to buyer. The phone will start ringing on day 1 after you buy this business.
They sell Goodman, Armana and Ruud brands.
This is ideal for a company looking to expand into HVAC or someone currently in the HVAC industry.
This business is broker represented. Submit inquiry to request confidentiality agreement.
- Asking Price: $225,000
- Cash Flow: $115,000
- Gross Revenue: $332,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Transition assistance will be provided.
This Business Is Home Based
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell companies. Nevertheless, the genuine reason and the one they say to you might be 2 entirely different things. As an example, they may claim "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in earnings, or an array of various other reasons. This is why it is extremely crucial that you not rely absolutely on a vendor's word, yet rather, make use of the vendor's response along with your overall due diligence. This will paint a more practical image of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses finance loans in order to cover points like stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that earnings margins are too thin. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be satisfied or may cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location bring in brand-new consumers? Many times, businesses have repeat customers, which develop the core of their everyday earnings. Specific variables such as brand-new competition sprouting up around the area, roadway building, and personnel turnover can influence repeat customers and also negatively impact future incomes. One important thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business often, the better the chance to develop a returning customer base. A final thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the edge of town? How might the regional average house income influence future revenue prospects?