Asking Price
Not Disclosed
Gross Revenue
$2,270,500
Cash Flow
$395,000
Overview
Business
Description
This established and highly profitable HVAC company specializes in residential replacement and service. There is room for growth in several nearby markets as new construction expands in many rural communities as well as with some increased marking to mature subdivisions in the lower Mid-Michigan and Southwestern Michigan regions. This business has seen great success in providing warranty service as well as and supporting contracts for ongoing upkeep and needed maintenance.
The business has focused on traditional residential heating and cooling services with some light commercial work when and where appropriate. The owners are excited to find the next person to continue to serve the communities they service and possibly expand services as new technologies emerge in indoor air quality, higher efficiency units come to market, and alternative fuels and energy source become more mainstream.
Growth Prospects
-Expand current staff to be able to service additional surrounding areas
-Increase online presence and social media
-Opportunities in commercial work as most is residential
-Add refrigeration as that is not currently offered
Sale
Reason for Selling
-Looking to retire and find the right fit to continue to provide services to loyal customer base
-Want to find a buyer to maintain employment to well trained and productive staff
Training/Support
-Seller will provide a reasonable transition and training support to create a smooth change in ownership
-Seller is open to longer engagement beyond the initial transition depending on terms
Premises
Facilities
-Centrally located to service many smaller towns in Southwest Michigan with access to major roadways
-Zoned Commercial with low local taxes
-50X60 Steel constructed with recent additional storage added and a 2022 24×60 building for vehicles
Location
Michigan, MI
Contact The Seller
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