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SE Michigan

  • Listing No.: 217-20553

  • Category: Construction

Asking Price $4,950,000
Down Payment
Gross Revenue $5,266,992
Total Adjusted Net Income $1,039,532
Equipment / Fixtures $764,563
Year Established 1980
General Location SE Michigan
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$1M+ Average adjusted net income over the past 5 years! Established commercial HVAC company with a 40-year track record. The Company has developed a broadindustry-diverse customer base. While it has established niches in restaurants and fitness, the company's years of experience, tenured staff, and strong management team have enabled the Company to endure the inevitable business cycles throughout the decades. Major clients come from real estate, property management, hospitality, healthcare, professional buildings, manufacturing, retail, schools, municipalities, places of worships, clubs, and multi-unit franchises. 2020 is proof of the durability of this company and its tenured staff of over 25 employees in the installation and service divisions, The company also has a small products division that resells under its own brand. The Company is also developing a niche within Michigan's burgeoning cannabis industry.Well-organized Seller has CPA-prepared business financial records ready for due diligence including years of tax returns, P&Ls, balance sheets, vehicle lists, and more. This business has been pre-qualified by SBA lenders. For additional information please contact listing agent Ken Lee at 248-218-2630 or ken@fcbb.com.

Gross Revenue $5,266,992 Listed Price $4,950,000
Total Income $1,039,532 Down Payment
Base Rent $8,083 Square Feet 9500
Total Rent $9,083 Lease Expiration
Rent Deposit Lease Options Open
Inventory Not Included Leasehold Improvements $211,496
Equipment / Fixtures $764,563 Other Assets
Full-Time Employees 26 Training Period 2 Weeks
Part-Time Employees 1 Special License Required HVAC "Mechanical Contractor License"
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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