Under LOI
Northeast Alabama Heating and Air Business
Unreal opportunity to own a long term primarily residential heating and air company serving the thriving area of Northeast Alabama.
1900 Maintenance agreements in place.
Extremely long tenured staff.
Less than 20% of revenue comes from custom built new construction.
CRM system being used which ties into their accounting software.
Sales have been consistent as they have continued to increase margins.
Listed By: Patrick Lange
Background information
Reference:
781-00125
Year established:
1984
Reason selling:
Retirement/other interests.
Finance
Sales:
$5,522,206
Profits:
$846,436
Operations
Employees:
17
Equipment:
Included in asking price $700,000
Inventory:
Included in asking price
Premises
Facility:
Centrally located with easy access to most locations.
Square footage:
16000
Rent and lease terms:
$6,450 per Month
Price and terms
Price:
$5,500,000
Down payment:
$5,500,000
Training:
Owner is willing to remain on short term to ensure a smooth transition.