HVAC Contractor For Sale

Business description

This profitable HVAC contractor has been in operation for about 30 years. In addition to the installation and service of heating, ducting, chimneys, heat pumps and fireplaces, the company has developed an area of expertise that places it at the forefront of the natural gas installation and service industry in the Province of New Brunswick. The company has a well-trained crew of technicians who operate throughout the province and the office functions can be relocated anywhere within New Brunswick or Nova Scotia. Gross revenues exceed $1,000,000 Cdn. The assets of the company are valued at $1,000,000.00 Cdn., inclusive of vehicles, furniture, fixtures, accounts receivable, equipment, inventory and goodwill. The owner would prefer that the transaction be structured as a sale of shares with the price adjusted to reflect the balance sheet at the time of closing. An equity investment of $335,000.00 is anticipated. The owner will consider financing a portion of the purchase price for an approved buyer.

Property information

Location:

This business operates from a location in the core sector of a highly urban area, however, it could be re-located to many types of facility.

Other information

Expansion potential:

The business has done well despite having very little advertising and minimal marketing activity. This leaves a wealth of untried potential.

Competition / Market:

This business has been continuously operating as an independent HVAC Contractor since 1979. It is the largest independent and sits only behind the corporate GIANTS, such as Irving, Esso and Petro Can.

Support & training:

The seller will remain on site for a reasonable transition period and will consider a longer consulting arrangement on terms to be negotiated.

Reasons for selling:

Retirement.

Financing available:

Seller will consider financing a portion of the purchase price for an approved buyer.

Furniture / Fixtures value:

$49,406

Inventory / Stock value:

$150,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.