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70+ Years for KC HVAC Design, Fabrication, and Installation

Kansas City, Missouri

Asking Price: Gross: Cash Flow:
$1,725,000 $10,706,163 $676,827

Furniture and Fixtures Value:
$1,291,114 (included in the asking price)

Business Summary:
With a 22,000 sq. ft. fabrication shop and 41 skilled personnel on staff, this HVAC design and installation company has been in operation for 70 years! Clients for this business include education, manufacturing, industrial, medical, government, and municipalities. The team is comprised of 9 office staff, along with 4 in the shop, 7 service staff, and 21 field employees. Not only do they specialize in new construction and renovation ventures, but they successfully work on refrigeration systems and manage projects as prime contractors as well. The team focuses mainly on new construction (40%) and renovations (45%), and their service department accounts for 15% of annual revenues. Prime contracts amount to about 15-20% of work performed. The service department performs approximately $1.5M per year, while hard bid projects are in the $10.5M range.

This multi-faceted business is held in high regard by the general contractors, architects, and engineers in the Kansas City Metro. Their increasing revenues show that this healthy business is growing organically through positive word-of-mouth reviews and high-quality workmanship.

Priced at $1,725,000, a new owner could easily continue the current successful trajectory, as well as grow the business by expanding the maintenance and service contracts. The business operates from a complex that has ample space for all current operations with room for continued expansion. A large 30,000 square foot building features a 22,000 square foot shop which is the fabrication hub and the remaining spaces (8,000 square feet) are utilized as storage warehousing. The lots are both paved and offer plenty of parking and working space.

 
   
   
Year Business was Established: 1950
   
Number of Employees: 41: 9 Office, 4 shop, 7 s  
   
Facilities / Terms of Lease: Expansive complex with ample space including a 22,000 sq. ft. fabrication shop and warehouse, plenty of office space and additional warehousing and storage sites, paved & gravel lots  
   
Potential Growth/Expansion: Build service department and annual contracts, continue growth trajectory  
   
Owner willing to finance: 15% Seller Financing $258,750  
   
Owner willing to train: 2 year transition  
   
Reason for selling: Retirement / Age  
 

 

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