EXECUTIVE SUMMARY
PBG Reference No.: S931

HEATING & AIR CONDITIONING CONTRACTOR

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

After more than 20 years in the residential HVAC industry of the greater Chicago area, this company has established an outstanding reputation among both builders and homeowners for its design, installation, and service capabilities. As a factory authorized dealer for some of the most respected brands of heating and cooling equipment, it is also at the leading edge of new environmental standards and technologies.

Thanks to its highly trained staff and exceptional design and build track record, the company is a much sought after partner in new residential construction. Satisfaction and loyalty among its builder/developer customers have resulted in an exceptionally high level of repeat business and a dependable source of referrals.

This company has also been able to capture substantial “aftermarket” business in the form of service contracts, equipment replacements, and remodeling/add-on jobs with both new and long-time homeowners. The company currently has a marketing program directed to consumers and an outside salesman follows up on all business leads.

In the United States, the demand for HVAC equipment is projected to reach $16.8 billion by 2011, and residential work will account for about half of this amount. A company such as this, which that can move easily between new home construction and the replacement market, is in position to reap substantial rewards over the long-term.

FINANCIAL HIGHLIGHTS
Fiscal Year Ending December 31

	2007	2006	2005	2004
SALES	$5,807,000	$7,939,000	$8,385,012	$8,496,424
EBITDAS* (Adjusted Net)	$   350,997	$   418,469	$   172,454	$   470,454

* Earnings before interest, taxes, depreciation, amortization, and full owner’s salary.

	2008	2009 Estimate
SALES	$6,012,176	$4,000,000
EBITDAS* (Adjusted Net)	$   649,566	$   291,000

*Earnings before interest, taxes, depreciation, amortization, and full owner’s salary.

DEAL STRUCTURE

$1,200,000 asking price. All reasonable proposals will be considered

Assets included:
	Accounts Receivable	$610,000
	Inventory	$211,000
	Equipment Cost	$112,000
	Vehicles Cost	$420,319
Liabilities included:
	Accounts Payable	$531,000
Real Estate For Sale:		$525,000

INFORMATION SUMMARY

• Location: Northwest Chicago suburbs
• Year Established: 1986
• Ownership: S-Corporation
• Facilities: 8,000 sq. ft., property to be sold with the business
• Employees: 35 union technicians/installers; experienced office and customer service staff; 1 commissioned salesman
• Hours of Operation: M-F, 8 AM- 5 PM; technicians on call 24/7
• Reason for Sale: Retirement
• Training: As needed to ensure a smooth transition

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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