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37734 - Successful, Growing Hvac Contractor For Sale

Central OK, Oklahoma, US
Asking Price:
$1,200,000 Furniture / Fixtures included
Sales Revenue:
$2,035,412
Cash Flow:
$411,337

Well established, with over 40 years in business, this is a constantly growing firm with both residential and commercial clientele! From Central Oklahoma, as an authorized American Standard (AS) and Ruud/Rheem dealer, this business offers warrantied installation and service of all types for air conditioning and heating systems. Partnered with two banks to offer financing options to its clients within a fifteen mile radius, and traveling up to fifty miles when needed, company boasts an A+ accreditation from the Better Business Bureau! Headquarters is a 2,800 square foot facility situated on a quarter-acre of land that includes administrative space, warehouse, and a storage yard; this property is available for lease. A purchase outside of asking price is possible. If interested in expansion, the soon to be completed construction of a separate 5,000-sq. ft. building over a three acre real estate may also be leased, as both premises are in excellent condition and commercially zoned. The owner is able to take multiple vacations as the company’s experienced team of eleven nonunion employees carry on very well in his absence. Employees likely to remain post-purchase. The owner be available for a transition period of up to twelve months. Besides maintaining their website and a social media presence as self-promotion, marketing efforts have utilized signage, radio programs, and focus on a reliable referral sources that are backed by a large recurring customer base. As thriving commercial side of business continues to grow and more sales are expected with the new location, presently servicing over 600 maintenance agreements. Total Revenue for 2019 reached amounts of $2,035,412 alongside Seller Discretionary Earnings of $411,337 and EBITDA of $300,749. Based on an independent evaluation!

Property Information

Real Estate:

Lease

Location:

Property valued at over $250,000 is available for separate purchase!

Size in square feet:
2,800+/- & 5,000-sq.ft. of additional space.

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday, open 8AM - 5PM.

Employees:
11 nonunion.
Years established:
Started in 1978, joined on 1994, semi-acquired in 2012 & owned fully by 2017.

Other Information

Support & training:

Owner Transition period of up to 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$308,061 - included in the asking price

Contact Information

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