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SW Michigan Residential HVAC company for sale

Michigan, United States
listing image
Asking Price$450k
Revenue$1.12m
EBITDA-
Cash Flow$98k
Description
This 18 year old well established HVAC company is 90% residential and 10% commercial. They have completed 110 changeouts in the last 12 months. This business has a very loyal customer base with 433 maintenance agreements in place, as well as approximately 8,052 active customers in their database. They use QuickBooks as their accounting software and Service Fusion for their CRM.
Real Estate
Rent is $2,880 per month
Building Size: 4500 sq. ft.
Furniture Fixtures & Equipment
$166k
Inventory
$150kIncluded in Asking Price
Number of EmployeesFull-Time: 9
Year Established
2006
Reason Selling
Retirement
Facilities & Assets
Long term Residential Heating and Air
Support & Training
The owner is willing to remain on short term to ensure a smooth transition
Market & Competition
HVAC industry is full of competition, however companies that take care of their customers stay busy year-round.
Asking Price$450k