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October 16, 2018

Business For Sale in Lutsen, Minnesota

Property # 1178372 Available $250,000.00

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   Business Information

Business CategoryConstruction
Other Business
Other BusinessHeating & Refrigeration Contractor
Business NameChuck's Heating
Property Address 14178 W Hwy 61
Property Address 2n.a.
Property Town/CityLutsen
Property CountyCook
Property StateMinnesota
Property ZIP/Postal Code 55612
MLS #n.a.
Building Sq. Ft.n.a.
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Establishedn.a.
Business Description Heating/Air Conditioning/Refrigeration contractor, Good following. Very little competition. 40% commercial refrigeration repairs, 40% new HVAC installations and 20% HVAC repairs. Operated from single car garage at home. No employees. provides good income to owner/operator after debt service.
Property Description no property included
Area Descriptionon the north shore of Lake Superior in a beautiful tourism community

   Financial Information

Sales Price $$250,000.00
Gross Revenue $$210,383.00
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $$120,000.00
Cap Rate0.00%
Year Ending2016
Lease Endsn.a.
Financing/Termscash sale

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