RED RIVER FURNACE & DUCT
CLEANING
$350,000.00
(share sale)
COMPANY INFORMATION:
RED RIVER FURNACE AND DUCT CLEANING: -
operates year round
Red River Furnace and Duct Cleaning
(hereby know as Red River) has been in business since 1985. It is the largest
Winnipeg owned duct cleaning company and is the second largest duct cleaning
company in Winnipeg. Red River Furnace operates seven duct trucks. The closest competitor
has ten trucks but does fewer jobs each day per truck than Red River.
Residential: Red River Furnace has
cleaned over 20,000 residential homes in the last 15 years. Red River is also
competitively priced and is one of the only duct cleaning companies in the city to
provide duct brushing with regular duct cleaning.
Red River Furnace operates a variety of
equipment to accommodate any size or type of home and heating system.
Commercial: Red River Furnace is among
only a few companies that are equipped and trained to perform commercial and
industrial duct cleaning in Winnipeg. Red River has done a variety of such
commercial work including: Office Buildings, Penitentiaries, Restaurants,
Universities, Apartment Buildings, Government and Health Buildings, Industrial
Complexes, Animal Hospitals and Factories.
Red River has maintained a high standard
of workmanship over the past 15 years. This, combined with competitive
pricing, and a positive reputation allows us to hold our share of the duct
cleaning market in Winnipeg. Red River is firmly established and growing each year.
Duct cleaning is a new service industry
that is growing each year as consumer knowledge increases. Ten
years ago furnace and duct cleaning was not something that the majority of
consumers . With continuing education of the effects of polluted indoor air on
the overall health of the consumer, duct cleaning has become forefront in the
minds of many health conscious individuals and is quickly becoming a routine maintenance requirement
for the homeowner. Red River has a strong hold on
the market share for all duct and furnace cleaning jobs available in Winnipeg.
The future looks very strong.
Red River has an excellent reputation in
the region. This is proved by the fact that after Red River and Power Vac all other
competitors combined account for less than 25% of the market share of duct
cleaning. The next nearest competitor operates two trucks and does not necessarily
operate year round.
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Red River Furnace
Fact Sheet
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Business Structure: |
Incorporated as 3745539 Manitoba
Ltd.
Operating as: Red River Furnace and Duct Cleaning
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Number of Years in Operation: |
Red River: 15 Years
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Type of Business: |
Service Industry:
Red River: Cleans furnaces and duct cleaning systems, including sales of
electronics filters, disinfectant, belts, etc.
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Revenue: |
Information
available to qualified purchaser. |
Customers: |
Red River:
-Serviced over 20,000
customers
-Many repeat customers
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Assets: |
complete list
pending, or call for details |
Employees: |
1 full time secretary
1 seasonal full time secretary
2 – 10 duct cleaners (varies with season)
1 mechanic
Employee manuals with procedures, recruiting, training, and supervising.
Payroll services by Ceridian.
(As of November 30/00 we have eight excellent, dedicated, well trained employees
on staff.)
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Office Equipment: |
Completely functional office for
three full time office staff
and one part time office staff.
Two fully equipped computers, three printers, large photocopier, fax machine,
desks, chairs, etc.. Call for complete details.
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Suppliers: |
Established accounts with all
suppliers:
fuel, supplies, equipment, vehicle maintenance, etc..
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Marketing: |
Complete marketing and advertising
plan.
Great relationship with advertisers.
Commercials for television and radio.
Completed and maintained website (soon to be uploaded)
Guaranteed print spots not available to competitors.
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Insurance: |
Complete insurance coverage for
equipment and vehicles as well as liability and extended policies. |
Financing: |
Good relationship with several
banks and leasing companies.
Additional financing may be available from the owner depending on
circumstances.
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Owner/Operator: |
In solely a management capacity.
Plenty of fringe benefits.
Guaranteed healthy wage.
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Support/Training: |
Willing to provide full time
support for a negotiated period of time and to provide a non-competition
clause.
Office, Operational and Procedure manuals in place.
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The sale is strictly confidential and
employees do not know. When phoning, please maintain this desire to not let
anyone know about the proposed sale of the company. Please use the home
phone number if possible.
If I am unavailable, please leave your name and phone number and a message that
you are calling about the ad.
The company operates at the above address
on a 0.5 acre lot with a 40' X 60' shop with 1,400 ft², two storey office and
storage. This shop and compound are not part of the price discussed.
It may be
available for sale or lease for additional funds.
We have operated this company from our
personal residence for 10 years, but due to recent growth this would probably not be
feasible to continue.
Thank you for your interest in this
business opportunity. I look forward to hearing from you!
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Red River Furnace and Duct Cleaning
224 Poneida Road
West St. Paul, Manitoba
R4A 5A9Work: (204) 334-4939
Home: (204) 334-9268
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