Price Reduced! Northern MN Union HVAC business. SBA Financing Available.
HVAC business servicing Northern MN. This business is focused on commercial/industrial installations and service. They provide HVAC services to commercial customers and mines in Northern MN. They have a tremendous client base that has been built up over the 50+ years they’ve been in business.
- They do little to no advertising and new customers are all obtained via word of mouth.
- There is a tremendous opportunity to grow the business by doing more pro-active marketing to other potential customers in the area.
- There are currently two owners, and one has reached retirement age.
- The other owner is not retired and desires to stay on post-closing as an employee.
- This second owner holds all the licenses and is willing to hold for a new owner.
- The facility is owned and also being sold, along with an experienced union workforce.
Interested buyers should have approximately $80,000 in available capital for the down payment.
Sunbelt Listing ID: 55970
- Listing ID:
- 55970
- Industry:
- Construction
- Location:
- Minnesota
- Revenue:
- $1,513,956
- Business Price:
- $400,000
- Down Payment:
- $80,000
- SDE (Cash Flow):
- $215,910
- Real Estate:
- For Sale
- Real Estate Value:
- $330,000
- Included in Asking Price:
- No
- Real Estate Size:
- 7,673 sq. ft.
- Listing Agent:
- Nick Dunnom & Peggy DeMuse
- Inventory included in asking price:
- Yes
- Inventory Value:
- $100,000
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 5
- Employees (Part-Time):
- 1
- Reason for selling:
- Retirement
- Seller Financing Available:
- Yes
- SBA Financing Available:
- Yes