The range of products supported cover heating, cooling and hot water products. Heating includes wood fires, gas log fires, ducted gas heating and hydronic systems. Air conditioning ranges from evaporative cooling to reverse cycle systems.

The company was established in 1979 by the present owners and has shown consistent growth over those years, and developed an extremely good reputation with its regular and ad-hoc clientele as a quality operation. Approximately 40% of new customers come via personal referrals.

Turnover averaged over the last 5 years is around the $2.5million level. A new property for lease will be available, by separate negotiation. 
Location and Property
The business operates from leased premises in one of the major industrial outlet streets in the ACT Region. Complementary shops in this busy street include major bank branches, coffee shops etc.

The show-room part of the property is around 200sqm, with a separate store room of approximately 1600sqm. 

There is ample free parking for customers directly outside of the premises.
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Assets
The client has approximately $11,000 in written down assets (original cost approximately $43,000) across the showroom and office and storeroom.

Turnover and Profits
Sales have averaged around $2.5million over the last 5 years with gross profits at around 22%.

Staff
The client’s staff maintain a strong loyalty to this business who collectively have great depths of experience. There a total of 4 staff, plus the owner/directors, and a sub-contractor network for installations.

Growth Opportunities
Historically, the ACT region tends to be recession proof due to the large number of federal government employees in the area. The company offers a good range of heating, cooling, hot water, wood fires and hydronic heating products which could be further exploited by additional advertising and web site development.

Reasons for Sale
After spending numerous years growing this very successful business in the ACT region the owner directors now wish to retire from active business ownership, and pursue other interests. One of the directors and his family could be made available to continue the operation, under new investors/owners.