Profitable HVAC Business Available: 70+ years in business!

Priced at one year of cash flow plus inventory! This family owned HVAC and sheet metal business was purchased in 2001 by the current owners and has been in business for 70+ years! List price is less than 1X of SDE / cash flow. This business has terrific brand equity and brand loyalty locally within the community. Nearly 100% of their business are repeat customers. Two owners operate the day to day business and execute all the work. This business specializes in HVAC installation, service, repair and fabricates their own ductwork. On average, the owners will execute approximately 1,000+- jobs annually! The business is also certified in refrigeration. The business is being sold for $90,000 PLUS cost of inventory on closing day. All equipment is included in the sale with exception of their work van. Real Estate will be sold separately and is not included in the asking price. Huge opportunity for growth as the current owners have not done any formal marketing other than an annual ad in the phone book! SDE of $67,000 reflects last 3 year average AND a $24,000 adjustment as current sellers do not pay rent. If new buyer already has leased space and no additional rent as result of the purchase, SDE is $91,000 per year on average past 3 years. Work van excluded from sale. Contact Scott Armstrong with questions.