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Northern Mn Union Hvac Business. Sba Financing Available. 55970 For Sale

Minnesota, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,513,956
Cash Flow:
$173,057

HVAC business servicing Northern MN. This business is focused on commercial/industrial installations and service. They provide HVAC services to commercial customers and mines in Northern MN. They have a tremendous client base that has been built up over the 50+ years they’ve been in business. They do little to no advertising and new customers are all obtained via word of mouth. There is a tremendous opportunity to grow the business by doing more pro-active marketing to other potential customers in the area.

There are currently two owners, and one has reached retirement age. The other owner is not of retirement age and desires to stay on post-closing as an employee. This second owner holds all the licenses and is willing to hold for a new owner.

Sunbelt Listing ID: 55970
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $330,000.00

Detailed Information:
Lender Prequalified: No
SBA Prequalified: Yes

Property Information

Size in square feet:
7,673

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 5, Part Time: 1
Years established:
74

Other Information

Financing available:

Downpayment Required: $84,000.00
Financing is available

Inventory / Stock value:
$100,000 - included in the asking price