Listing Number: 07101

Type of Business: Commercial Heating and Air Conditioning

General Location: Metro Charlotte, NC

Reason For Sale:  Owner has other interest

Purchase Price: $12,000,000 includes real estate

Down Payment:

Tangible Assets: $1,643,000

Total Assets: $1,643,000

Terms: Owner prefers all cash

Owner Financing: Up to 25% possible

Business Summary/Company History

Business was estabished in 2004 by the current Owner.  The company's primary business is the design , installation and service of heating and air conditioning systems in commercial and industrial buildings. It also has a fabrication facility to make duct board and other products . 

Thr company serves NC and SC with selected projects in other Southern States. About 90% of the business is in the Charlotte area and NC.

Real estate is included in the purchase with 83,667 SF building on 7.79 acres.

Financial Summary

Fiscal Year                          Annual Sales                        Cash Flow

2007                                   $16-17,000,000 (Est.)               $4,000,000 ( Est)

2006                                     12.559,000                                 1,900,000 (Est)

2005                                      13,132,000                                2,166,000