Price Reduced! Northern MN Union HVAC business. SBA Financing Available.
Minnesota | Listing ID: 55970 | Building and Construction
Business Asking Price:
$400,000
Real Estate Asking Price:
$330,000
Revenue:
$1,513,956
Down Payment:
$80,000
SDE:
$215,910
Industry:
Building and Construction, Service Businesses
Listing ID:
55970
Year Established:
1950
Employees:
5 Full-time, 1 Part-time
Business Description
HVAC business servicing Northern MN. This business is focused on commercial/industrial installations and service. They provide HVAC services to commercial customers and mines in Northern MN. They have a tremendous client base that has been built up over the 50+ years they’ve been in business.
- They do little to no advertising and new customers are all obtained via word of mouth.
- There is a tremendous opportunity to grow the business by doing more pro-active marketing to other potential customers in the area.
- There are currently two owners, and one has reached retirement age.
- The other owner is not retired and desires to stay on post-closing as an employee.
- This second owner holds all the licenses and is willing to hold for a new owner.
- The facility is owned and also being sold, along with an experienced union workforce.
Interested buyers should have approximately $80,000 in available capital for the down payment.
Listing ID: 55970
Detailed Information
Listing Agent(s):
Nick Dunnom, Peggy Demuse
Location:
Minnesota
Industries:
Building and Construction, Service Businesses
Business Asking Price:
$400,000
Real Estate Asking Price:
$330,000
FF&E Value:
TBD
Reason for Selling:
Retirement
Seller Financing Available:
Yes
SBA Financing Available:
Yes
Real Estate Status:
Owned
Real Estate for Sale:
Yes
Real Estate Size (sq. ft.):
7,673
Inventory Value:
$100,000(Included in Asking Price)
Year Established:
1950
Franchise:
No
Employees:
5 Full-time, 1 Part-time
Relocatable:
No
Home-Based:
No
Absentee Owner:
No
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