Business For Sale Listing 107924
HVAC and Plumbing
Status as of Sep-7-2008 at 06:08 PM: Active
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Business Summary
This family-owned heating and plumbing business has served SW Wyoming for over 40 years. They offer residential, commercial, and industrial sales, service and installation of furnaces and air conditioning systems. Outstanding performance and prompt service have built a strong repeat residential and commercial business from loyal customers and long term relationships with commercial contractors. In actuality there is no competition within a 100 mile radius of the company. Three small independent firms offering single service options are located in the city but none have the capability to provide the complete package service provided by this company for the past 43 years. An excellent reputation and prompt service have built a strong repeat business environment. The addition of an innovative two-person sales team engaged in direct marketing and a more diversified advertising campaign to include print media may substantially increase company revenues.
The building, which is highly functional, provides office space, work area and storage and includes a complete sheet metal fabrication shop. Real property is not included in the sale; however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal procured by the owners prior to the sale of the business.
Assistance to a qualified buyer with Third Party financing including a line of (credit) working capital with 15-20% as a downpayment. Unsecured seller financing is not encouraged except as part of a formalized Structured Sale that meets current IRS guidelines and/or, as may be required by a lender.
Owners will provide 4 wks. training for the new entering party, be available for consulting advice during a transition period & will sign a non-compete document. A non-disclosure agreement and other financial qualification must be received prior to the disclosure of the business location or other pertinent information about this business.
Categories
Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($8,572,776 ) |
| Profits: |
Between $1 Million and $2.5 Million ($2,313,905) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $5 Million and $7.5 Million ($6,285,000) |
