HVAC Company and Retail Store

ID

HVAC Company and Retail Store
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Asking Price: $2,200,000

Cash Flow: $364,434

Gross Revenue: $2,997,194

EBITDA: N/A

FF&E: $913,787

Inventory: $500,000

Real Estate: $1,200,000

Established: N/A

HVAC Company and Retail Store

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Business Description

This HVAC Company has been in continuous operation for almost three quarters of a century serving communities in the Intermountain West. The Company concentrates on HVAC maintenance, repair and replacements for residential and commercial customers with many long time repeat customers and maintenance agreements. They are a dealership for multiple flagship brands and service all systems/brands. Sales and installations of gas and wood stoves and fireplaces complement the HVAC business. The complete sheet metal shop fabricates anything from air ducts and fittings to special customer requests with good walk-in trade from the public as well as some competitors.

The branded retail store carries a full-line of products tailored to the needs of the community. The Company is well known for having an excellent selection of inventory at competitive prices along with knowledgeable staff ready to provide personalized service.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The strategic location has easy access and is located in the center of a thriving community experiencing a major revitalization. Improvements include a shop, retail, warehouse and residential space totaling +/-18,281 square feet and an adjacent warehouse/storage building of +/-3,060 square feet. The improvements are located on separate parcels totaling approximately 41,712 square feet of land inclusive of parking and yard space.
Competition:
For over 70 years these businesses have serviced the market area, becoming part of the fabric of the community. The businesses have an excellent reputation; name recognition, referrals and word of mouth advertising and are key attributes of the opportunity. A team of long term experienced technicians, support staff and salespersons are another reason the businesses are a success. The HVAC business and retail store together have many advantages and synergetic qualities.
Growth & Expansion:
Other like companies should be interested in acquiring the strategic location and businesses that are icons in the geographic area serviced. An individual buyer would ideally be a journeyman HVAC technician or have related retail experience. THE POSSIBILITIES With all the growth in the immediate area there is no shortage of work for the HVAC Company. The adjacent retail store is busy with customers doing home improvement projects, contractors, and remodelers. The businesses and associated real estate are a rare opportunity to purchase two long established businesses along with a strategic real estate acquisition.
Reason for Selling:
After many decades of successful operations the Owners are ready to retire.
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Randy Limani

Business Listed By:
Arthur Berry & Company

Arthur Berry & Company

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