This Eastern Iowa HVAC contractor has served the region for decades, building a reputation as a reliable, full-service commercial and residential HVAC contractor with the capabilities and workforce to handle projects of significant scale and complexity. The Company operates as a union signatory contractor, providing access to a skilled, trained labor pool. Core capabilities include commercial HVAC new construction and renovation, design-build contracting, in-house sheet metal fabrication, residential equipment installation and changeout, and a growing service and maintenance division. The fabrication shop — equipped with computerized cutting and forming equipment — allows the Company to control quality, cost, and lead times on commercial projects, a meaningful operational advantage.
- Asking Price:
- $1,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $5,920,767
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The Company operates on an easily accessible large commercial lot with considerable office and warehouse building space. The property provides ample room for fleet parking and vehicle staging, fabrication operations, material storage, and day-to-day field crew deployment. The facility is owned by a related entity and is available for purchase or lease in connection with the business sale, with terms fully negotiable.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The Company is well positioned for a growth-oriented buyer to expand upon a strong operational foundation. The service and maintenance division, still in its early stages, represents a clear path to growth. A buyer with additional management bandwidth could also extend the Company's geographic reach beyond its current service area.
- Competition / Market:
-
The Eastern Iowa HVAC market includes a mix of union and non-union contractors serving commercial and residential customers across the region. The Company holds a meaningful competitive advantage through its union status, which provides eligibility to bid on government-funded projects and access to a large available labor pool. The Company benefits from decades of continuous operation in the market, a well-established reputation for quality workmanship, and deep relationships with contractors, project owners, and decision-makers throughout the area.
- Reasons for selling:
-
Seller is transitioning out of the business to pursue family business opportunities.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 31 FT
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Furniture / Fixtures value:
- $1,065,103 - included in the asking price
- Inventory / Stock value:
- $1,309 - included in the asking price
