Well-Established HVAC Contractor

Iowa

technician-repairs-heating-2025-03-15-00-27-12-utc

$800,000

Listing# :

2393795

Gross Revenue :

$3,387,628

Status :

For-Sale

Discretionary Earnings :

$315,114

Business Description

This offering represents a rare opportunity to acquire a well-established HVAC union contractor serving the Eastern Iowa market for many decades. This company provides a full suite of heating, air conditioning, and indoor air quality services, including installation, repair, maintenance, and 24/7 emergency response.

Highlights

Positive historical cash flow, demonstrating consistent financial performance
Approximately $655,000 in inventory and fixed assets included in the sale
Commercial real estate available for purchase at $800,000 or by lease
Turnkey operation with established systems, experienced staff, and strong client base
Ideal for strategic buyers with HVAC experience, firms seeking market entry, or a licensed HVAC individual seeking ownership.
Attractive lender financing may be available for qualified buyers, particularly when real estate is included

A well-established Eastern Iowa HVAC contractor, this company has built a trusted reputation for delivering comprehensive heating, cooling, and indoor air quality solutions. The business offers repair, installation, and maintenance services, with 24/7 emergency response capabilities. An on-site fabrication shop and parts department supports timely and efficient service delivery.

The company’s revenue mix is approximately 50% commercial and 50% residential, reflecting a diversified and stable customer base. Service offerings include:

Heating & Cooling: Air conditioners, furnaces, heat pumps, air handlers, boilers, and thermostats

Indoor Air Quality: Air filtration, climate control solutions, ventilation systems, humidifiers, and dehumidifiers

The business benefits from a long-standing dealer/vendor relationship that strengthens product sourcing and technical support.

Operations are supported by a skilled, unionized workforce, including sheet metal workers and plumbers & pipefitters, with a total team of 23 employees.

This is a turnkey opportunity with well-established systems, staffing, and loyal clientele in place. It’s an ideal acquisition for a buyer with HVAC experience or an existing HVAC business looking to expand into a growing Eastern Iowa market.
Attractive Lender financing options are available, especially when bundled with real estate, for qualified buyers.

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Detailed Information

Real Estate:

Leased

Inventory:

$582,696 - Included in asking price

FF&E:

$38,632 - Included in asking price

Building SF:

20,000

Lease Expiration:

N/A

Employees:

23

Facilities:

Business operates out of an 20,000 square feet owned facility that is available to purchase or lease. Building is an office warehouse configuration and includes a showroom and parts department. Warehouse provides inventory storage and includes the fabrication shop. Readily available on-site and street parking is available.

Competition:

Fragmented industry. Subject benefits from long-time in business (name recognition, existing/repeat customers) and strong dealer line carried.

Growth & Expansion:

The business presents significant potential for expansion, supported by its established brand presence and robust asset base. With 17 service vehicles, considerable inventory, and a strong team in place, the company is well-positioned to scale operations. Despite its long-standing reputation and solid market share, formal outbound marketing efforts have been minimal, representing a clear area for strategic growth. Opportunities include: Implementing a targeted marketing strategy to reach new residential and commercial customers

Support & Training:

Will train for 2 weeks @ $0 cost.

Reason for Selling:

Retirement.

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