Sold
Memphis Residential Heating and Air Business
Wonderful opportunity to own a 7 year old residential heating, air and plumbing company.
95% of revenue comes from HVAC and 5% from plumbing.
95% residential and 5% light commercial.
No new construction exposure.
Using Service Titan for CRM and Quickbooks for accounting.
165 maintenance agreements in place.
Listed By: Patrick Lange
Background information
Reference:
781-00127
Year established:
2016
Reason selling:
Other business interests
Finance
Sales:
$963,507
Profits:
$153,801
Operations
Employees:
4
Equipment:
Included in asking price $125,000
Inventory:
Included in asking price
Premises
Facility:
Business will need to be relocated. Currrently shares an office with another business the seller owns but there is a storage facility in place and can remain.
Location:
Memphis, TN
Price and terms
Price:
$700,000
Down payment:
$700,000
Training:
Owner will assist short term to ensure a smooth transition