Specialty Trade (HVAC Related) Contractor for Sale in Chicago

Chicago and Suburbs - Includes: Business, all Equipment and all Fixtures.

This is a very necessary niche HVAC related company and this business services all types of clients in the Chicago-land area, but with room to expand beyond this immediate territory. The company’s operations are fully set-up in a turnkey manner, just as you might expect from a franchise, but without the franchise fees, etc… Originally acquired by this family approximately 25 years ago, this business has provided a solid income for multiple generations and is now for sale due to a health condition that will not allow the current owner to continue. The current owner claims he has intentionally held back the business from additional growth in order to control or maximize his existing client base due to health limitations, which are now becoming more significant. While he has a managerial position and does not perform manual labor, his involvement still requires him to meet with some perspective clients and also prepare various documents, agreements, perform sales functions etc… He does have office help from an assistant/receptionist to help handle all general inquires as well as other administrative duties.

The business has a lot of growth potential that has not been tapped given that most current customers are repeat customers. With a relatively high volume of both jobs and customers, and a very large potential to acquire more sales, opportunity is great to grow this business. This company provides the owner the opportunity for a six-figure income with respect to cash flow and other benefits, along with a very desirable working lifestyle. For a future owner, with a bit more effort, there is a great opportunity for huge growth. There are an almost unlimited numbers of leads available now via Internet project lead suppliers which can develop larger clients that the current owner has not taken advantage of. Also, other networking and media opportunities exist as well as more traditional avenues.

Asking price: $275,000.00 plus inventory
Annual gross sales (approximately): $462,000.00
Annual cash flow or net (approximately): $173,000.00
Value of furniture, fixtures & equipment (approximately): $70,000.00
Value of inventory (approximately): $25,000.00
Building lease details (approximately): 2,000 sq. ft., 6 parking spaces, a new lease will be created as the current owner also owns the space.
Seller Financing: Some owner financing may be available to a very qualified buyer.

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