Profitable HVAC!

TYPE OF BUSINESS:  Profitable 27 year HVAC company in growing metro area serving both residential and commercial clients. This company sells, installs and services heating and air conditioning units, gas piping, humidifiers, heat recovery ventilators, ventilation, compressed air, exhaust systems etc. They are a certified Rheem dealer however, they sell and service all brands. In 2020 approximately 38% of their work is residential and existing homes and the other 62% is commercial service accounts.  The current owner established the company in 1994. The owner works the business full time and is responsible for selling/quoting, scheduling, and ordering parts.  This company is located in highly desirable area in the northwest suburb of Minneapolis.  The company has a well-known highly regarded business name with good growth potential. Owner is willing to sell just the residential portion of the business. Contact me for more information on this.

 

EMPLOYEES: Husband and wife team. Husband handles all services and wife is the office manager. He works about 50 hours per week, and she is about 25 hours per week.

 

FACILITY:  The company is operated from their home. Hours of business is

7:00 a.m. – 5:00 pm Mon-Fri.

 

GROSS SALES/CASH FLOW:  Gross sales for 2020 were $473,442; 2019 were $467,351 and 2018 were $414,068; Cash flow to an owner operator in 2020, 2019 and 2018 was over $100,000 each year.

 

ASKING PRICE:  The asking price is $272,000 which includes equipment, vehicle, and trailer valued at about $44,000.

 

REASON FOR SALE:  Retirement.

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Bill Kraemer

About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to indentify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 28 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 28 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.