Lake Heating & Cooling Contractor

Rice Lake, WI (Barron County) (Relocatable)

HVAC Contractor

Asking Price:$149,900

Cash Flow:$74,894

Gross Revenue:$205,233

EBITDA:$40,730

FF&E:$30,000

Inventory:N/A

Real Estate:N/A

Established:1965

Lake Heating & Cooling Contractor

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Business Description

The building at 136 W Knapp Street has been owned by a HVAC Contractor since 1965 when it was Home Heating. In 1980 it was changed to Lake Heating and in March of 1994 it was purchased by the seller and he branded it Lake Heating and Cooling. After 22 successful years the seller is retiring and selling his business and building. The sale price of $149,900 includes the real estate and all equipment, inventory, company name and phone number along with training from the seller. Take advantage of the sellers impeccable reputation and the reputation of Lake Heating and Cooling and make this business your own. List of equipment included and financial history available to qualified buyer.
Seller will gladly provide financials and inventory list to qualified buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
For the asking price of $149,900 the seller will include the real estate and all of the equipment necessary to run a successful HVAC business. This has been the location for an HVAC business since 1965. The building is located at the SE Corner of Knapp Street and Tainter Avenue across from the Kwik Trip. This is one of the highest traffic areas in the city with over 8000 cars per day.
Competition:
There are other HVAC contractors in the county. Lake Heating and Cooling has been know for fast and efficient service. The small staff and low overhead has make LH&C a popular option.
Growth & Expansion:
The sellers has found his niche and has operated a small business working with key contractors and developers. There is no ceiling as to what Lake Heating could be.
Support & Training:
Seller will provide training, support and introduction to vendors and key customers. Seller also available as an employee of buyer.
Reason for Selling:
Part of Retirement Planning

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Charles Feather

Business Listed By:
Charles Feather

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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