HVAC in Johnstown with $500,000 in Sales

Johnstown, PA (Cambria County)

Seller Financing Available
HVAC in Johnstown with $500,000 in Sales
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Asking Price: $285,000

Cash Flow: $131,250

Gross Revenue: $517,741



Inventory: $42,000

Established: 1945

HVAC in Johnstown with $500,000 in Sales

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Business Description

Amazing HVAC business in Johnstown – their doors have been open for over 75 years! With 2PT (focused on office and bookkeeping functions) and 3FT installers and service technicians, one owner focuses on business oversight and sales expansion (does not perform equipment installs or service). The other owner performs 35% of the service work, which can be absorbed by other existing employees. Both owners are willing to stay on up to 1 year to ensure a smooth transition.

Client base breakout is 60% residential and 40% commercial. The average ticket for equipment, installation, materials, and other related services is around $3,500. This business is selling at a 3 multiple.

The business generally carries $40,000 in standard inventory. Accounts receivable for commercial jobs runs $16,000 on average. This business has positive web traffic, with 20% of new residential customers coming via website.

Business calls for new building and remodeling installs are currently being turned away. Expanding sales and repair services, as well as increased marketing are also opportunities for growth

**The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.**

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Detailed Information

Johnstown, PA
Included in asking price
Growth & Expansion:
Expand sales and repair services; work with contractors for new build and remodel installs (currently turning that business away); expand marketing
10% Seller Financing: $28,500
Support & Training:
1 year
Reason for Selling:
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Cortney Sells

Business Listed By:
Cortney Sells

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