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Listed by:

The Firm

Seventy Plus Years Hvac Design Fabrication And Installation For Sale

Kansas City, Missouri, US
Asking Price:
$1,725,000 Furniture / Fixtures included
Sales Revenue:
$10,706,163
Cash Flow:
$676,827

With a 22,000 sq. ft. fabrication shop and 41 skilled personnel on staff, this HVAC design and installation company has been in operation for 70 years! Clients for this business include education, manufacturing, industrial, medical, government, and municipalities. The team is comprised of 9 office staff, along with 4 in the shop, 7 service staff, and 21 field employees. Not only do they specialize in new construction and renovation ventures, but they successfully work on refrigeration systems and manage projects as prime contractors as well. The team focuses mainly on new construction (40%) and renovations (45%), and their service department accounts for 15% of annual revenues. Prime contracts amount to about 15-20% of work performed. The service department performs approximately $1.5M per year, while hard bid projects are in the $10.5M range.

This multi-faceted business is held in high regard by the general contractors, architects, and engineers in the Kansas City Metro. Their increasing revenues show that this healthy business is growing organically through positive word-of-mouth reviews and high-quality workmanship.

Priced at $1,725,000, a new owner could easily continue the current successful trajectory, as well as grow the business by expanding the maintenance and service contracts. The business operates from a complex that has ample space for all current operations with room for continued expansion. A large 30,000 square foot building features a 22,000 square foot shop which is the fabrication hub and the remaining spaces (8,000 square feet) are utilized as storage warehousing. The lots are both paved and offer plenty of parking and working space.

Property Information

Real Estate:

Real Property Included

Location:

Kansas City Metro

Premises Details:

Expansive complex with ample space including a 22,000 sq. ft. fabrication shop and warehouse, plenty of office space and additional warehousing and storage sites, paved & gravel lots

Business Operation

Expansion Potential:

Build service department and annual contracts, continue growth trajectory

Reasons for selling:

Strategic retirement

Employees:
41
Years established:
1950

Other Information

Support & training:

2 year transition

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

Purchase Price: $1,725,000
12% Buyer Down Payment $207,000
15% Seller Financing or Equity Roll $258,750
73% Bank Loan $1,259,250

A 12% down payment of $207,000 returns $280,076 in the first year after debt payments!

Furniture / Fixtures value:
$1,291,114 - included in the asking price
Related Documents:

Contact The Firm

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