0 ConfidentialNewton, IA 50208

For Sale
$849,379

Established HVAC company, high revenue.

Overview

Added:
Dec 11, 2024
Days on market:
91
This thriving HVAC business, located in Central Iowa (Newton, zip code 50208), is offered for sale at $849,379. Boasting a strong reputation and a loyal customer base, this award-winning, factory-authorized dealer of a well-known manufacturer generated $1,776,394 in gross revenue and $239,632 in Seller Discretionary Earnings (SDE) last year. The business employs 10 people and includes $123,732 in furniture, fixtures, and equipment (FF&E). Over 80% of its work is residential, with the remaining 20% commercial, focusing on service contracts and avoiding new construction. This presents a significant opportunity for continued growth, particularly in expanding the residential service contract base. The seller is offering $84,938 in seller financing and will provide 4-8 weeks of support and training. A non-compete agreement is in place for 50 miles over two years. The business owner is retiring after 12 years of ownership. The company enjoys a strong online presence and is regularly featured in local media, reflecting its commitment to community involvement and excellent service. Existing office management ensures smooth day-to-day operations. The seller's master HVAC/Mechanical, Plumbing, and Hydronics licenses are a valuable asset, and their willingness to assist in the transition ensures a seamless handover. This is a turnkey opportunity for an experienced buyer to acquire a profitable and established business in a rapidly growing market.

Location Insight

City
Newton
County
Jasper
State
Iowa
Latitude
41.6113703
Longitude
-91.5015009
Confidential, Newton, Iowa

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0 Confidential
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