Gross Revenue: $3,706,000

Gross Revenue Comments: 2006 sales

Cash Flow: $457,000

Cash Flow Comments: 2006 EBITDA

Inventory: $72,000 (Not Included in Asking Price)

FF&E: $98,000 (Included in Asking Price)

Seller Financing: Owners would prefer all cash but will consider all offers.

The Company is a full-service heating, ventilation, and air conditioning contractor. The Company performs installation of both new and replacement HVAC systems for residential and light commercial customers, as well as focuses on high growth niches including green work for energy efficiency and fireplace
installation and service. Over one-quarter of the Company’s revenue is generated from Service work and contracts, which provide a stable source of revenue and create opportunities for up-selling additional products. Revenue is generated from
service department and contracts (26%), heat pumps and AC units (26%), gas and electric furnaces (25%), fireplaces and central vac (12%), in floor, thermal and IAQ (8%), and air duct cleaning and gas piping (3%). The Company is located in a highly desirable market described by Inc Magazine as one of “the best cities for doing business”.
Key features of the business include:
• 10+ years serving residential and light commercial customers
• Authorized dealer for award-winning HVAC manufacturers
• High percentage of Service Department and contract revenue
• 70% repeat business from satisfied customers
• Sales and EBITDA have grown 19% and 57% compounded annually from 2004 to 2006

Year Established: 1999

Employees: 32 full time - 1 part time

Facilities: 10,116 square foot, office, shop, warehouse, showroom facility with paved parking for customers, employees and company vehicles.

Market Outlook and Competition: The company enjoys a strong reputation in the marketplace, and is well established in the community.

Management Training and Support: Owwners are willing to provide necessary transition support to new owner.

Reason For Selling: To pursue other opportunities