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Hvac Business To Sell By Ill Owner! (17606) For Sale

Albuquerque, New Mexico, US
Asking Price:
$675,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,145,261 (USD)
Cash Flow:
$223,300 (USD)

IAG, LLC presents an Albuquerque, New Mexico area heating, air conditioning and plumbing services company that provides maintenance and repair services to customers around the geographic region on a 24 hour basis. The 31 year old institution sells a full range of products, including furnaces, heat pumps, indoor units, outdoor air conditioners, condensers, humidifiers, ductless and control systems, filters, evaporative coolers, plumbing and other supplies. Located within city limits, the 6500 square foot headquarters comes with approximately 600-sq. ft. of office space. This leased property is surrounded by a paved off-street parking lot, outside lights, and is zoned for commercial usage, while still capable of supporting additional capacity. Benefited by a well-reputed track record of thirty years and long-standing community relations, the company's skilled personnel of seven nonunion employees plus an owner willing to remain on board makes for a smooth transition period. Apart from an effective word-of-mouth, professional referral sources, the HVC and plumbing company generates new customers from joint building projects and through internet advertisements and social media. The owner’s declining health is the reason for reduced sales activity, service calls and exit from the business. 2020 financial results: $800,000 2020 gross revenue, along with Seller Discretionary Earnings of $127,500. Owner is heavily discounting asking price. The business will rebound to its prior $1,145,261 revenue level with a healthy new owner committed to following up on all customer calls and new sales opportunities.

Property Information

Real Estate:

Lease

Size in square feet:
6,500+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

24 Hour Emergency Service; Monday to Sunday, 7AM - 4PM.

Employees:
7 nonunion.
Years established:
1990

Other Information

Support & training:

Owner will facilitate a smooth transition as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing is negotiable for the right buyer.

Furniture / Fixtures value:
$138,065 (USD) - included in the asking price

Contact IAG

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