Hot Listing
Established HVAC Contractor – $5M Revenue | 1,300+ 5-Star Reviews
Business Description
Bethany Air is a well-established, family-owned HVAC company serving Central Maryland for more than 25 years. Founded in 1992, Incoroprated in 2002, the company has built a strong reputation for exceptional customer service, quality workmanship, and long-term customer relationships. Bethany Air provides residential, commercial, and light industrial heating and air conditioning services throughout Anne Arundel County, Prince George's County, Montgomery County, Howard County, Calvert County, and surrounding areas.
The company offers a full range of HVAC services, including:
Residential and commercial service and repair
Complete HVAC system replacements
Heat pumps, furnaces, boilers, rooftop units, and ductless mini-splits
Preventative maintenance agreements
Indoor air quality solutions
New construction and retrofit installations
24-hour emergency service
Sheet metal fabrication and custom ductwork
Financial Highlights
Approximately $5,000,000 in annual revenue
Positive operating cash flow
Established recurring maintenance agreement customer base
Strong replacement and service mix
Opportunity for significant EBITDA improvement through operational efficiencies and economies of scale
Competitive Advantages
Well-recognized local brand with over two decades of market presence
Excellent online reputation with over 1,300 five-star Google reviews
BBB Accredited business
Family-owned business with strong community reputation
Licensed, insured, and fully permitted contractor
Services all major HVAC manufacturers
Experienced management team and trained technicians
Diversified residential and commercial customer base
Established vendor and distributor relationships
Fully equipped service fleet and operational infrastructure
Modern website with online instant quote capabilities and strong local SEO presence
Growth Opportunities
The company offers numerous opportunities for expansion, including:
Geographic expansion into additional Maryland markets
Increased commercial maintenance contracts
Expanded plumbing and electrical service offerings
Additional technician hiring to increase service capacity
Cross-selling indoor air quality and home performance products
Enhanced digital marketing and recurring membership growth
Strategic acquisitions of smaller local contractors
Ideal Buyer
This opportunity is well suited for:
Regional HVAC contractors seeking expansion
National consolidators
Private equity platform or add-on acquisitions
Home services companies looking to enter the Maryland market
Strategic industry buyers seeking an established brand and experienced workforce
Transition
Ownership is willing to provide a comprehensive transition period to ensure a smooth transfer of customer relationships, vendor partnerships, and operational processes. The owner is open to discussing continued involvement for a mutually agreed-upon period if desired.
Confidentiality
All inquiries are strictly confidential. Prospective buyers will be required to execute a Non-Disclosure Agreement (NDA) prior to receiving detailed financial statements, customer information, and operational documentation.
Additional information, including financial statements, equipment lists, maintenance agreement details, and operational metrics, will be provided to qualified buyers following execution of a confidentiality agreement.
The company offers a full range of HVAC services, including:
Residential and commercial service and repair
Complete HVAC system replacements
Heat pumps, furnaces, boilers, rooftop units, and ductless mini-splits
Preventative maintenance agreements
Indoor air quality solutions
New construction and retrofit installations
24-hour emergency service
Sheet metal fabrication and custom ductwork
Financial Highlights
Approximately $5,000,000 in annual revenue
Positive operating cash flow
Established recurring maintenance agreement customer base
Strong replacement and service mix
Opportunity for significant EBITDA improvement through operational efficiencies and economies of scale
Competitive Advantages
Well-recognized local brand with over two decades of market presence
Excellent online reputation with over 1,300 five-star Google reviews
BBB Accredited business
Family-owned business with strong community reputation
Licensed, insured, and fully permitted contractor
Services all major HVAC manufacturers
Experienced management team and trained technicians
Diversified residential and commercial customer base
Established vendor and distributor relationships
Fully equipped service fleet and operational infrastructure
Modern website with online instant quote capabilities and strong local SEO presence
Growth Opportunities
The company offers numerous opportunities for expansion, including:
Geographic expansion into additional Maryland markets
Increased commercial maintenance contracts
Expanded plumbing and electrical service offerings
Additional technician hiring to increase service capacity
Cross-selling indoor air quality and home performance products
Enhanced digital marketing and recurring membership growth
Strategic acquisitions of smaller local contractors
Ideal Buyer
This opportunity is well suited for:
Regional HVAC contractors seeking expansion
National consolidators
Private equity platform or add-on acquisitions
Home services companies looking to enter the Maryland market
Strategic industry buyers seeking an established brand and experienced workforce
Transition
Ownership is willing to provide a comprehensive transition period to ensure a smooth transfer of customer relationships, vendor partnerships, and operational processes. The owner is open to discussing continued involvement for a mutually agreed-upon period if desired.
Confidentiality
All inquiries are strictly confidential. Prospective buyers will be required to execute a Non-Disclosure Agreement (NDA) prior to receiving detailed financial statements, customer information, and operational documentation.
Additional information, including financial statements, equipment lists, maintenance agreement details, and operational metrics, will be provided to qualified buyers following execution of a confidentiality agreement.
About the Business
- Years in Operation
- 24
- Employees
- 17 Full-time
- Facilities & Assets
- 6000 Square ft Building offered for sale or lease.
Fleet of Trucks (all paid in full)
All FFE
All stock
ASSETS INCLUDED
Customer Database
Business Name
Goodwill
Website
Phone Numbers
Domain Names
Fleet
Equipment
Warehouse Equipment
Office Furniture
Computers
Inventory
Vendor Relationships
Marketing Assets
Operating Procedures
Training Materials - Market Outlook / Competition
- Bethany Air operates in the growing Central Maryland HVAC market, serving Anne Arundel, Calvert, Prince George's, Howard, and surrounding counties. The market is highly fragmented, with no single company dominating, creating opportunities for established local contractors with strong reputations. Rising demand for system replacements, high-efficiency heat pumps, maintenance, and indoor air quality solutions supports long-term industry growth.
Bethany Air is an attractive acquisition due to its nearly 30-year history, approximately $5 million in annual revenue, diversified residential and commercial services, recurring maintenance revenue, and exceptional reputation with over 1,300 five-star Google reviews. We offer an experienced team, established operating systems, and significant growth potential through expanded commercial services, maintenance agreements, geographic expansion, and strategic acquisitions, making it an ideal platform for continued growth and increased profitability. - Opportunities for Growth
- Bethany Air provides an exceptional platform for future growth through both organic expansion and strategic acquisitions. Key opportunities include expanding the residential maintenance agreement program, increasing commercial service and preventive maintenance contracts, growing replacement sales through enhanced marketing and financing, and expanding into adjacent Maryland markets. A buyer can also acquire smaller HVAC companies to increase market share and improve operating efficiencies. Adding plumbing and electrical services would transform Bethany Air into a full-service home and commercial services company, creating significant cross-selling opportunities, increasing recurring revenue, improving customer retention, and maximizing revenue from its existing customer base. With an established brand, experienced team, scalable infrastructure, and loyal customer base, Bethany Air is well positioned for sustained growth and increased profitability.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
- Rent
- $10,000 per month
About the Sale
- Transition Support
- The owner will train and support for 6 months
- Financing Options
- Some financing available
Listing Info
- ID
- 2528913
- Listing Views
- 230
Listing ID: 2528913 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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