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Well established HVAC business with over 75 years in industry serving the West Wisconsin area. This is non-union shop. Owner Retirement. 50486
Manufacturing Businesses for Sale
- Primary Industry: Other Manufacturing
Highly reputable and long standing HVAC business that has been around for over 75 years that specializes in heating & cooling, sheet metal fabrication, and home check and cleaning services. They provide nearly 50% commercial 50% residential service. They are a factory authorized dealer granting them expertise in the technical aspect of equipment installation. They have consistent increases in both Revenue and Earnings over the last several years. Most employees have been around for 10+ years. The company has the opportunity to expand operations geographically with their consistent service and well-rounded business model producing stable cash flow. Inventory and WIP of $1,000,000 is included in the Business asking price.
*Real estate also available at $1,300,000 based on November 2023 Bank commissioned appraisal.
Sunbelt Listing ID: 50486
Financial Information
- $2,475,000 Asking Price
- $856,525 Cash Flow
- $4,929,115 Gross Revenue
- $375,000 Down Payment
Business Location
- City: Confidential
- State: Wisconsin
Reason for Sale
- Primary owner looking to retire.
Detailed information
- Year Established: 1935
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 15
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: $633,151
- Inventory Included: Yes
- Inventory Value: $1,000,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $1,300,000
- Building Size: 22000
- FF&E Included?: No
Real State Description
- 15,800 sq.ft plus 6,200 of additional mezzanine storage.
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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