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Heating And Air Service For Sale - Northwest Arkansas, AR |
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| PROFILE: Best-In-Class Heating & Air Business - Well Established & Profitable. |
| Status: |
Off The Market |
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| State: |
Arkansas |
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| Location: |
Northwest Arkansas |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
$775,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$832,000 |
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| Annual Adjusted Net: |
$281,000 |
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| Price Range: |
$500,001-$1 Million |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Real Estate Valued At $400,000, Inventory Valued At $50,000, And Furniture/Fixtures/Equipment Valued At $150,000.
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. Not Only Is This Business Well Established, It Also Has Enormous Upside Potential.
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. The Company Typically Does Installation Work On 200 To 300 New Homes Per Year, And Hand Selects Commercial Work. Due To Its Dominant Presence In The Marketplace, This Company Is A Much Sought After Partner In Both The Commercial And Residential Segments.
This HVAC Contracting Business Has Been Owner Managed For The Past Five Years, With The Intent To Stay At Its Current Size Of Between $1,000,000 And $2,000,000 Annual Gross Revenues. The Owner Currently Turns Down Bids On A Weekly Basis, Does Not Engage In Open Bidding, And Hand Picks Commercial Work. Two Key Hires – A Full Time Sales Person And An Estimator – Could Double Or Triple Annual Revenues Within A Year. Other Complementary Products And Specialty Services Could Also Be Added By A New Owner.
The Business Could Easily Expand Its Geographic Operating Range, As Well. Its Service Area 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. The Owner Is Currently Enjoying Above Industry Average Net Margins, Running Upwards Of 20%-30%. The Company Would Be A Great Acquisition For An Out-Of-Town Or Other Strategic Buyer Looking To Expand; Alternatively, It Could Also Be A Perfect Opportunity For Current Or Ex-Corporate Executives Looking To Exit The "Rat Race" And Secure Their Financial Future.
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