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Established HVAC and Electrical Service with Loyal Customer Base

HVAC ServiceSold in MinnesotaEst. 195123 employees

This business has been sold. The listing is no longer available. Browse similar businesses.

Established HVAC and Electrical Service with Loyal Customer Base
Sold

$5,000,000

Sold
Asking price
  • SBA prequalified

    A lender has already reviewed this business for SBA financing.

  • Established 10+ years

    A track record buyers and lenders tend to trust.

About this business

This established HVAC and electric service business has built a strong reputation and loyal customer base over four decades. With a dedicated team and a proven business model, it's ready for a new owner to continue its impressive growth. The seller is committed to a smooth transition, offering extensive training. A fantastic opportunity in residential services.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$5,000,000
  • Annual Revenue$5,234,894
1.0×
Price to revenue
Approx. Inventory Value
$55,000
Approximate FF&E
$100,000

Details

1951
Established · 75 yrs
23
Employees
HVAC Service
Business type
Leased
Premises

Financing & transition

Seller financing
No
Training after the sale
No

Property & lease

Premises
Leased
Lease Renewable
No
Lease Negotiable
No

Where it is · Minnesota

Somewhere in Minnesota. The exact address is not on this listing.

Somewhere in Minnesota

Ad#:2299

The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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