Reason for Sale: Retirement-Long Established AC Contractor for Sale-75% Residential- 25% Commercial. Seller focuses on new construction,replacement of existing equipment + service /repair calls. Seller has a few commercial contracts that make up 25% of the business. The company has built strong foundation of relationships & they are known for exceptional quality & affordable work. Many clients are on a month-to-month service contracts. The company strongest marketing are referrals from current customers. 3 exp AC techs will transition with the new owner. 3 work vehicles included in the sale. 2023 Sales $746k with an owner benefit of $216k. The owner is a helping tech in the field.
- Asking Price:
- $765,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $746,674
- Cash Flow:
- $216,736
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Square Footage: 1000 Building Type: Yard+Office
Terms & Options: One-5 yr Option Expiration Date: 12/31/2029
- Leasehold Rent:
-
$1,500 per annum
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 3
- Years established:
- 32
Other Information
- Support & training:
-
2 experienced AC techs will transition with the new owner
Seller will qualify for a monthly fee
- Furniture / Fixtures value:
- $55,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
- Relocatable:
- This business can be relocated.