Asking Price: $775,000 Gross Revenue: $971,483Cash Flow: $307,086 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $80,000 included in asking priceFF&E: $68,700 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This successful furnace and air conditioning repair business in eastern Iowa has been selling and servicing heating and cooling equipment, boilers, commercial refrigeration equipment, and water heaters for residential and commercial customers for 48 years. This HVAC company has a loyal base of over 5,000 customers within a 25 mile market area with the majority of their business coming from repeat customers and referrals.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,400.00 Per Month
The building the business currently operates in is a total of 3,000 square feet with 2 bays for the shop large enough for a truck to park inside plus one room for the office shared by the secretary and owner.
This business can be grown by developing an aggressive sales/marketing program, hiring more employees, and by adding services such as geo-thermal installation and gas fireplace installation. Because of its excellent reputation and loyal client base, a new owner would be able to step into a profitable, successful business and enjoy immediate results.
Growth & Expansion:
The company had the opportunity for larger-scale growth, but instead chose to grow slowly and adjust as the economy dictated, which proved beneficial during the recession. This allowed them to keep the business in tact and continue the level of service their customers were used to.
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. See our
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