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left76200 Phone: 402.998.5288Confidential@ID#: SER076FOR SALE: High Efficiency Heating and Cooling in PAInstallation and maintenance for residential customers!Financial OverviewList Price:$1,390,000Gross Sales 2018: $988,5812017: $933,864Owner Profit/Cash Flow2018: $310,5462017: $371,795Profit Margin: 31%Multiple: 4.2Valuation: 3-Year Average Cash Flow x Multiple =Valuation $331,088x 4.2 =$1,390,570Funding ExamplePurchase Price:$1,390,00012.5% Buyer Down Payment:$173,75012.5% Seller Financing:$173,75075% Bank Loan:$1,042,500A 12.5% down payment of $173,750 returns $127,818 in the first year after debt payments!DescriptionServing the Southcentral Pennsylvania area, this dynamic HVAC company focuses on energy efficient solutions for customers and is busy year-round. Services include the installation and maintenance of high efficiency heating/cooling, solar energy, geothermal systems, and associated products like water heaters or humidifiers. This company also consults with customers so that they are well-informed when making decisions that suit their needs best. Customers are both residential and commercial and are located in York, Lancaster, Adams, Lebanon, Dauphin, or Franklin counties. The owner currently oversees sales and daily operations and consults with staff on challenging projects. Operations are managed from a 6,000 square foot stand-alone building that features plenty of warehouse space and storage for all necessary tools, equipment, and inventory. Amenities also include private offices, a reception area, and a drive-in, 10-foot roll-up door. All employees work from this location including the sales representatives and three service technicians. Some duties are subcontracted through reliable community partners. Earning nearly $1MM annually, this company has a positive reputation and many returning customers. Continued growth could be earned by expanding the service area to include additional counties, engaging on social media to build the quantity of positive reviews, or networking to generate new commercial clients. Assets Included in Purchase*: $183,000Equipment: $52,000: Power tools, hand tools, office equipment, showroom displays and equipment Vehicles: $131,000: 1 car, 3 vans, 1 truck, 1 trailerPipeline: Booked two months outIntangible Assets: Positive reviews, well-established company, well-trained and efficient team*amounts may vary, assets may be depreciated, replacement cost, or fair market valueBusiness InformationYear Established: 2009Location: Southcentral PennsylvaniaService Area: Pennsylvania counties including: Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon, York, and moreServices: Installation (74%) and maintenance (3%) of high efficiency heating/cooling (8%), solar energy, geothermal systems, and associated productsClients: Residential (95%) and commercialBuilding: 6,000 sq. ft.: Offices, showroom, warehouse, storage, 10’ roll-up doorReason for Selling: RetirementEmployees: 5: 1 Sales, 3 service technicians, 1 officeSeller Training Period: 90 daysGrowth Opportunities: Expand the service area, build commercial client base, boost social media engagement or reviews, bring excavation in-houseCurrent Owner’s Responsibilities: Oversight of sales and installation as well as consulting - CONFIDENTIAL - Last Revised e 12.23.19The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC.The Firm does not sell real estate. The Firm solely advises on exit strategy. ................
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