Well established HVAC, plumbing, and electrical business located in a rural outpost in eastern Iowa. Only option in hyper-local area and would be an excellent add-on for a super regional HVAC or Industrial Services.
They provide a wide variety of services with specialists to handle heating and cooling systems, both installation as well as service. Additionally, they offer a complete range of plumbing services from repair to re-pipe and water filtration systems.
Customer base is 80% residential and 20% commercial.
2020 2021
HVAC 60% 47%
Plumbing 34% 38%
Electrical 6% 15%
Established: 1953
Asking Price: $750,000
Gross Revenue: $1,605,259 (2021)
Business Price includes FF&E: $350,000
Business Price includes Inventory: $400,000+
- Property & Buildings are Seller Owned, valued at $300,000 and not included in the Business Purchase Price
- Facilities: 15,630 sq.ft. building consisting of office and shop space. Shop and warehouse have five overhead doors.
- Employees: 4 FT, 2 PT non-unioon
- Reason for Selling: Corporate Divesture
Next Steps
Qualified buyers that complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- Location and Property Details
- Facility photos
- P&L / Balance Sheets 2019-2021
- Customer Concentration Grid
- Equipment List
Upon receipt of this completed and digitally executed NDA below (or from direct link here) we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.