For Sale
- Asking Price:
- $3,300,000
- Gross Revenue:
- $2,405,975
- Established:
- 1977
- Location:
- Iowa
- Franchise:
- Yes
- Employees:
- 8 Full-time
- Real Estate:
- Leased
- Listing #:
- 2479057
Business Description
A long-standing HVAC service company is available for acquisition in Eastern Iowa. This non-union operation has delivered consistent results to a large diverse customer base for several decades. The company has built a strong reputation for quality and customer service. Listed for $3,300,000, the sale includes all fixed assets and inventory.
This is an ideal opportunity for:
– Strategic Trade Company Buyers – Midwest Private Equity Investors focused on Service Contractors – Owner-operators that can satisfy the licensing requirements
Detailed Information
Facilities
Principals own the commercial real estate and will lease to business acquirer. A centrally located office warehouse that allows for convenient service calls. Seeking a minimum of 5-year lease at $4,000/month NNN.
Growth and Expansion
There are several notable opportunities for growth: These include: (1) increased radio/television marketing, (2) add ancillary services, and (3) add staff to increase capacity.
Reason for Selling
Retirement.
