The Company has established a great reputation in over 30 years in business and has built up repeat customers with multiyear contracts that rely on them for regular HVAC filters, belts, and cleaning solution. There are over 1,200 customers ranging from commercial, industrial, educational, and government including some Fortune 500 accounts that have been loyal customers for many years. A few hundred of these customers are recurring customers that purchase products regularly. They have a contact management system that allows them to efficiently track and manage their customers. There is limited competition in the area for the products and services that they provide. Their employees are knowledgeable and have been with them for years. The company uses an accounting system for all bookkeeping, billing, ordering, payments and payroll functions.
Real Estate: Owned, Building SF:2,500: They own the real estate of their office and distribution center and this is also available for purchase for an additional $300,000.
Growth & Expansion:The Company is in a growth process and they anticipate their growth to continue. There is an opportunity to increase their product lines and provide additional parts as well as increasing the number of accounts that they service.Financing:Seller is willing to provide financing for up to 40% with 5% interest.
Support & Training:The owner will provide support and training to provide a smooth transition with the employees and customers.
Reason for Selling:Retirement
Asking Price $550,000
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