Opportunity to buy a commercial HVAC company with forty years of successful operation.
An overview of this business for sale
The company has a large diverse base of customers which come from property, hospitality, professional premises, healthcare, manufacturing, schools, and retail to name a few. With many years of experience, dedicated staff (25 employees), and a strong management team the company to keep a strong position throughout the decades. The company also has a small product line that is distributed under its own brand. In addition, it is creating a niche within Michigan’s burgeoning cannabis sector.
Location
The HVAC company for sale is located in Southeastern Michigan with service trucks in place to provide services within the state.
Property
The real property is owned by the owner and is available for lease at reasonable rent. It consists of an office area of 3,000 square feet and a shop of 6,500 square feet which could be expanded if a new owner wished. It should be noted that the property is also available to be purchased, however, it is not included in the sale price. Such a purchase would need a 1031 Exchange.
Opportunities
No marketing and no sales staff hiring was done. The company for sale is growing very quickly in the booming cannabis industry and enjoys a 40-year track record and strong reputation. Moreover, a major part of the business comes from repeat customers and word-of-mouth recommendations.
Shareholder Objectives
The owner is ready to provide support & training for up to nine months to ensure a smooth transition. The owner has been involved in the commercial Heating, Ventilation, & Air Conditioning industry for over four decades; not he works on a part-time basis overseeing the office work, the facilities, and reviewing designs along with other management staff.
He is open to help with the licensing transition, however, he is required to complete a full exit within a year if there is an SBA loan. The business for sale is pre-approved for Small Business Administration financing.
