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Price Reduced! Northern MN Union HVAC business. SBA Financing Available. 55970

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Building & Construction Businesses for Sale

  • Primary Industry: HVAC Businesses

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

Financial Information

  • $400,000 Asking Price
  • $215,910 Cash Flow
  • $1,512,956 Gross Revenue
  • $80,000 Down Payment
  • Yes Financing
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1950
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 5
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $100,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $330,000
  • Building Size: 7673
  • FF&E Included?: Yes
  • FF&E Value: On request
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-55970
License Number
MN License #40214109

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