Price:
$
2,125,000
Well Established HVAC Business with Over 75 Years in Industry Serving the West Wisconsin Area. This Is a Non-Union Shop. Owner Retirement. 50486
Well Established HVAC Business with Over 75 Years in Industry Serving the West Wisconsin Area. This Is a Non-Union Shop. Owner Retirement. 50486
West Wisconsin
$
2,125,000
Highly reputable and long standing HVAC business that has been around for over 75 years that specializes in heating & cooling, sheet metal fabrication, and home check and cleaning services. They provide nearly 50% commercial 50% residential service. They are a factory authorized dealer granting them expertise in the technical aspect of equipment installation. They have consistent increases in both Revenue and Earnings over the last several years. Most employees have been around for 10+ years. The company has the opportunity to expand operations geographically with their consistent service and well-rounded business model. Inventory and WIP of $1,000,000 is included in the Business asking price.
*Real estate also available at $1,300,000 based on November 2023 Bank commissioned appraisal.
Interested buyers should have approximately $375,000 in available capital for the down payment.
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Listing Details
Well Established HVAC Business with Over 75 Years in Industry Serving the West Wisconsin Area. This Is a Non-Union Shop. Owner Retirement. 50486
Location:
West Wisconsin
Down Payment:
$
375000
Down Payment: $ 212500
Year Established:
1935
Reason for Selling:
Primary owner looking to retire.
Gross Revenue:
$
4164432
Cash Flow:
$
528990
Home Based:
No
Franchise:
No
Relocatable:
No
SBA Prequalified:
Yes
Lender Prequalified:
No
Part-Time Employees:
1
Full-Time Employees:
15
Adjusted EBITDA:
$
305616
Inventory Included:
Yes
Inventory Value:
$
1000000
Real Estate Available:
Yes
Real Estate Included:
No
Real Estate Value:
$
1300000
FF&E Included?:
No
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Highly reputable and long standing HVAC business that has been around for over 75 years that specializes in heating & cooling, sheet metal fabrication, and home check and cleaning services. They provide nearly 50% commercial 50% residential service. They are a factory authorized dealer granting them expertise in the technical aspect of equipment installation. They have consistent increases in both Revenue and Earnings over the last several years. Most employees have been around for 10+ years. The company has the opportunity to expand operations geographically with their consistent service and well-rounded business model. Inventory and WIP of $1,000,000 is included in the Business asking price.
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