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Est. & Consistent Eastern Iowa HVAC Service Contr For Sale

Not Disclosed, Iowa, US
Asking Price:
$3,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,405,975
Cash Flow:
$822,614

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
  • Owneroperators that can satisfy the licensing requirements

Property Information

Real Estate:

Lease

Premises Details:

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.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

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.

Competition / Market:

The area residential HVAC service market is supported by the subject company and a few long-standing competitors. No new entrants noted. Subject separates itself from the competition with integrity both in the quality of its work and a high attention to customer service.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday 8am-4pm

Employees:
8 FT
Years established:
49

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$56,865 - included in the asking price
Inventory / Stock value:
$119,000 - included in the asking price