SOLD

Lexington, Kentucky (Fayette County)

Asking Price:        $250,000           Inventory:    $8,000 ++
Gross Revenue:    $440,000           Real Estate:    n/a
Cash Flow:           $150,000           FF&E:    $44,400 ++
++ included in the asking price         ** not included in the asking price

This well established and very profitable commercial HVAC and Refrigeration contractor located in central Kentucky has an excellent reputation with both customers and suppliers. Services include installing and servicing heating, ventilation, and air conditioning systems as well as servicing refrigeration units in commercial coolers, freezers, and refrigerators. Customer mix is approximately 60% commercial buildings, 30% restaurants, and 10% other commercial and residential (residential work is limited to related commercial accounts). About 90% of business is from repeat long-term customers; most new business is from referrals. Owner is actively involved in day-to-day work as well as operating the business. Kentucky State HVAC Masters License required. For additional information contact: John Hilliard, 859-361-8929, This email address is being protected from spambots. You need JavaScript enabled to view it. or Steve Pulliam, 859-619-0987, This email address is being protected from spambots. You need JavaScript enabled to view it..

About the business:
  Year established: 1987
  Employees: 2 full time

 

 

About the Sale:
  Management Training and Support: Seller will stay on to insure a smooth transition and will allow business to operate a reasonable time under his Masters License until buyer obtains license.
  Reason for Selling: Retirement
  Seller Financing: For qualified buyer with adequate down payment