HVAC Company - Over 50 Years in Northern Kentucky- SOLD

HVAC Company - Over 50 Years in Northern Kentucky- SOLD Location: Northern Kentucky
Listing Number: 22117

Financial Information

Asking Price: $690,000
Gross Revenues: $1,580,000
Cash Flow: $261,000
Real Estate: Current space occupied available for lease.

Business Description

This retirement aged owner enjoyed the best year in the history of his company in 2016 with over $1,580,000 in sales producing $260,000 in owner earnings. The company’s work encompasses a variety of residential, commercial, and industrial systems including home & office comfort systems, steam boilers, hot water boilers, chilled water systems, duel fuel systems, and geo – thermal heat pumps. Their service personnel are hybrid in nature, capable of servicing both residential and commercial customers. The company enjoys a good mixture of customers from both sides of the river. Other highlights include:

Up to date software system in place for quotes & contacts

3,000 square foot office & warehouse available for lease

Excellent and broad base of customers in Kentucky and Ohio

Purchase price includes all equipment & 8 vehicles valued at over $130,000

Purchase price includes inventory over $5,000 in value

Over 30 years of office management staff experience

Over 40 years of technical staff experience in the field

Licensed in Ohio and Kentucky

EPA Certified & Factory Trained