Heating & Air Company (est. 1962) – Profitable in any Economy!
Building and Const. Services - Construction Sub-Contractors | Building and Const. Services - Other Services
| Asking Price: | $495,000 | Inventory: | $27,000 ++ |
| Gross Revenue: | $237,164 | Real Estate: | $350,000 ++ |
| Cash Flow: | $118,315 | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Established in 1962, this is one of the premier heating and air businesses in Northwest Arkansas. Its reputation for quality work and innovative operating methods has made it a household name in the area for almost 50 years!
The business currently does residential – both single-family and multi-family – and commercial new construction and service work, as well as change out and repair. Due to its dominant presence in the marketplace, this company is a much sought after partner in both the commercial and residential segments. The business has been owner managed for the past seven years. The seller currently turns down bids on a weekly basis, does not engage in open bidding, and hand picks commercial work.
The service area for this business is currently within a 50 mile radius of its facilities, but could realistically branch out to Tulsa, OK, Little Rock, AR, Joplin and Branson, MO. Either or both strategies would significantly enhance revenues and profits. This is a successful and profitable company with excellent growth potential, and would be an excellent acquisition candidate for an out-of-town or other strategic buyer looking to expand; alternatively, it offers a perfect opportunity for current or ex-corporate executives looking to exit the "rat race" and secure their financial future.
The business currently does residential – both single-family and multi-family – and commercial new construction and service work, as well as change out and repair. Due to its dominant presence in the marketplace, this company is a much sought after partner in both the commercial and residential segments. The business has been owner managed for the past seven years. The seller currently turns down bids on a weekly basis, does not engage in open bidding, and hand picks commercial work.
The service area for this business is currently within a 50 mile radius of its facilities, but could realistically branch out to Tulsa, OK, Little Rock, AR, Joplin and Branson, MO. Either or both strategies would significantly enhance revenues and profits. This is a successful and profitable company with excellent growth potential, and would be an excellent acquisition candidate for an out-of-town or other strategic buyer looking to expand; alternatively, it offers a perfect opportunity for current or ex-corporate executives looking to exit the "rat race" and secure their financial future.
About the Business
Year Established:1962
Employees:6 full time - 6 part time
Facilities:The business operations are located in approximately 12,000 sqft. of heated space. Building includes 1,500 sqft. of office space. The facility sits on over two acres of land located a half mile from a major interstate highway. The facility also contains a sheet metal fabrication shop.
Market Outlook and Competition:Competition: This Company is one of the top four competitors in the marketplace.
Growth/Expansion: Two key hires – a full time sales person and an estimator – could exponentially increase revenues within a year. Other complementary products and specialty services could also be added by a new owner. Northwest Arkansas: If you’ve never heard of Northwest Arkansas, we have one word for you – Walmart! In fact, several Fortune 500 companies call NWA home, including Tyson Foods, J.B. Hunt Transport, and the largest retailer in the world. Walmart was recently named the most valuable retail brand in the U.S., and is largely responsible for NWA being thrust into the business spotlight with national rankings like “Most Livable City,” “Fastest-Growing & Best Performing Economy,” and one of the “Top 25 Recession Resistant” parts of the country. NWA is ideally situated in the geographic center of North America and surrounded by the natural beauty of the Ozark Mountains. With the University of Arkansas in Fayetteville, a new minor league baseball team in Springdale, and a world-class art museum opening in Bentonville, Northwest Arkansas offers an enviable lifestyle in a business climate that is filled with both economic security and opportunity.
About the Sale
Management Training and Support:Seller will provide two week of training at no cost.
Reason For Selling:Retirement and relocation out of state
Seller Financing:Negotiable to qualified buyer.
Attached Files - Attachment Disclaimer
 | Seller Profile - Seller Profile - #1178NWA | ||
| Confidentiality Agreement - Confidentiality Agreement - #1178NWA | ||
| Buyer Interview - Buyer Interview Worksheet - #1178NWA | ||
| Buyer's Agency - Buyer's Agency Acknowledgment - #1178NWA |
KEYWORDS: Heating, Air, HVAC, Ozarks, U of A, University of Arkansas, Walmart, Wal-Mart, Tyson, Tyson foods, Arkansas, Northwest Arkansas, NWA, J.B. Hunt, recession proof, recession resistant, growth, good economy
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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