Asking Price: $1,000,000

Gross Revenue: $1,010,976

Gross Revenue Comments: 2007

Cash Flow: $336,000

Inventory: $150,000 (Included in Asking Price)

FF&E: $49,406 (Included in Asking Price)

Seller Financing: Seller will consider financing a portion of the purchase price for an approved buyer.

This profitable HVAC contractor has been in operation for about 30 years. In addition to the installation and service of heating, ducting, chimneys, heat pumps and fireplaces, the company has developed an area of expertise that places it at the forefront of the natural gas installation and service industry in the Province of New Brunswick. The company has a well-trained crew of technicians who operate throughout the province and the office functions can be relocated anywhere within New Brunswick or Nova Scotia. Gross revenues exceed $1,000,000 Cdn. The assets of the company are valued at $1,000,000.00 Cdn., inclusive of vehicles, furniture, fixtures, accounts receivable, equipment, inventory and goodwill. The owner would prefer that the transaction be structured as a sale of shares with the price adjusted to reflect the balance sheet at the time of closing. An equity investment of $335,000.00 is anticipated. The owner will consider financing a portion of the purchase price for an approved buyer.

Year Established: 1979

Employees: 7 full time -

Relocatable: Yes

Facilities: This business operates from a location in the core sector of a highly urban area, however, it could be re-located to many types of facility.

Market Outlook and Competition: This business has been continuously operating as an independent HVAC Contractor since 1979. It is the largest independent and sits only behind the corporate GIANTS, such as Irving, Esso and Petro Can. The business has done well despite having very little advertising and minimal marketing activity. This leaves a wealth of untried potential.

Management Training and Support: The seller will remain on site for a reasonable transition period and will consider a longer consulting arrangement on terms to be negotiated.

Reason For Selling: Retirement.