Local Bloomington Heating and Cooling Business

Undisclosed Address, Indiana
Business Opportunity for Sale
Catylist Listing ID: 30726550
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $396,000
Year Business Established: 1997
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Home Based: Yes
Last Updated: 4/27/2021

Overview / Comments

Debt free business with an excellent reputation in the local and surrounding communities. 5 star rating on google. Always in good standing with suppliers. Accounting method is cash basis, only bill property management companies and longtime clients on a 30 day pay in full. Only one debt write off in 23 years of business.
Profit up $58,000.00 last year. Potential for growth with the request for maintenance agreements that we currently do not provide. Website helps to generate business.

Additional Details

Industry Segment: Electr., Mech. and HVAC Contractors
Reason for Selling: Unable to keep up with growing demand of business, ready to retire.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Employee/Labor Description: 2 installers
Growth/Expansion Opportunities: Currently turning down work, need more employees and trucks on the road to keep up with the demand. Growth can be obtained with implementing maintenance agreements for current clients.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,239 1,239 5,851
Median Age: 43.75 43.75 44.28
Households: 484 484 2,284


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