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South Dakota Black Hills Area Hvac Company For Sale

South Dakota
Asking Price:
$158,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$547,854 (USD)
Cash Flow:
$74,596 (USD)

This HVAC company has made a name for itself over the past 12 years by providing professional service at competitive prices. Four employees round out the owner’s experience and allow the owner to take time off as needed. The current owner works full-time, but this could easily be run semi-absentee as the employees are accustomed to long stretches working by themselves.

The current owner moved to South Dakota in 2007 and started this company to be near family. He started and owned a similar company with 40 employees before he moved. He started this company from scratch and knows that it can grow as fast or as big as a new owner is motivated to grow it. The current owner is having some health issues that may require him to retire and move out of state.

Property information

Premises Details:

The 1,200 sq. ft. shop sits on 3 acres with a 3-bedroom home and a couple other out buildings. All are available for $290,000, or the business operations could be moved elsewhere.

Business Operation

Expansion Potential:

Even with the current employees more business could be done. If the owner wanted to work full-time year-round another nice increase in sales could be realized. There is work out there for a motived owner if they were to bring on more employees. The Black Hills saw 266 new homes valued at $56,718,315 built in 2018. There were nearly 781 building permits in Pennington County alone.

Competition / Market:

There is plenty of competition and work to be done in the growing economy and community of the Black Hills. The company has built up a very positive reputation by providing quick, reliable service. The largest limitation is, as with any business in the state, the small labor pool.

Reasons for selling:

Owner is moving.

Trading hours:

Monday-Friday 8am-5pm

Employees:
4 FT
Years established:
12 Years

Other Information

Support & training:

Will train for 2 weeks @ no cost
- 30% Commercial

- 30% Residential

- 20% Mini-splits

- 10% Fireplace installation and chimney repair

- 10% Restaurant hoods & exhaust

The company has a dozen commercial service contracts that provide monthly income year-round. They work with ten building contractors on a regular basis and have over thirty rental properties they take care of.

Applicable state and local HVAC licenses are required.

Financing available:

$15,800 down/$39,500 for 60 mos. @ 5%/Other Financing
Seller financing up to 25% for a qualified buyer. Lender pre-qualified.

Furniture / Fixtures value:
$82,292 (USD) - included in the asking price
Inventory / Stock value:
$2,500 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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