Plumbing, HVAC contractor in very desirable Alexandria MN
Alexandria, MN
Asking Price: | $240,000 |
FF&E: | $93,000 |
Established Year: | 1947 |
Inventory: | $51,000 |
Real Estate: | $250,000 |
Listing ID: 2220374Listing provided by BizBuySell
BUSINESS DESCRIPTION
Everything a successor will need to maintain and grow this well regarded and long established business.
DETAILED INFORMATION
Location
Alexandria, MN
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,016
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Showroom, office, shop and warehouse are well located in central Alexandria. Four nice service vans valued at $63,000 excluding their service inventories. $51,000 of inventory on hand. All the tools and equipment to operate and grow the business without any needed short term capital expenditures.
Competition
There is definitely competition in the area. But there are far more opportunities than competitors. Douglas county population is expected to grow by more than 30% over the next ten years. 250 lakes in the county with thousands of seasonal properties that need opening and closing by a company like this. You can develop a data base of seasonal property owners for direct marketing. The 30% population growth will require hundreds of new homes per year.
Growth & Expansion
Douglas county population is expected to grow by more than 30% over the next ten years. 250 lakes in the county with thousands of seasonal properties that need opening and closing by a company like this. You can develop a data base of seasonal property owners for direct marketing. The 30% population growth will require hundreds of new homes per year.
Financing
I suggest SBA guaranteed loans. They offer the longest repayment and least downpayme
Support & Training
I suggest the seller be available for up to 160 hours in the first six months after your purchase. On call, in a manner of speaking. You won't need him eight hours a day for four weeks so it makes sense to have him available for the same number of hours over a longer period.
Reason for Selling
Retirement, seller began working here in 1963 and purchased the business in 1984
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