HVAC Company with Seller Financing! Jump On This One

Johnson City, TN (Washington County)

Seller Financing Available
HVAC

Asking Price:$249,000

Cash Flow:$65,000

Gross Revenue:$990,000

EBITDA:N/A

FF&E:$50,000

Inventory:$25,000*

Real Estate:N/A

Established:1965

*not included in asking price.

HVAC Company with Seller Financing! Jump On This One

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Business Description

Profitable HVAC with High Growth Potential!

Offered is an HVAC company that has built a reputation for service and reliability during its nearly 50 years as a business. Owner seeks to retire and reluctantly realizes the time to exit is near. This is a turnkey package with everything in place to grow the business in a strong market. Detailed information on this opportunity is available to prospects who complete a non-disclosure agreement (NDA). This is a perfect opportunity for an existing HVAC company to either grow in the Tri-Cities market by acquisition and taking advantages of economies of scale or entering the market with $1,000,000 in business revenue as a starting platform.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is housed in leased premises of approximately 10,000 square feet under very favorable terms and monthly rent. Benefits will pass on to new owner.
Competition:
Normal amount of competition with plenty of demand consistent with cyclical nature of heating and air conditioning business. Sales trend over past three years show steady increases year over year above rate of inflation.
Growth & Expansion:
Two best candidates for acquiring this business are companies already in HVAC in the region or HVAC companies seeking to establish a presence in the market and want to come in with a turnkey business as a platform. Customers and service agreements are in place. Shop equipment for fabricating ductwork offers potential for added revenue from shop operations.
Financing:
$150,000 5 years at 6%
Support & Training:
As much as necessary and long term experience staff is in place. This business is well known and enjoys lots of word of mouth referrals and repeat business.
Reason for Selling:
Retirement. Business is priced consistent with industry benchmarks.

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Ramon Sanchez-Vinas

Business Listed By:
Ramon Sanchez-Vinas

ValueSource Business Advisors, Inc.

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