Established HVAC Service and Installation Company

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Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
not included in asking price

included in asking price

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Business Description

This business has been serving the local market for almost 50 years installing, servicing and maintaining residential and commercial HVAC equipment. The business was founded and run by family until its sale to the current owner/operator.
37% commercial install, 30% residential install, 29% service, and 4% maintenance agreements. Published reports estimate growth in the 25% range over the next five years.

The owner works approximately 20 hours per week and believes that the business could be run absentee with the right manager/technician. An add back of $37,500 has been made to adjust owner hours to 40 hours/week.

Inventory is not included in the asking price. Inventory, which includes primarily coolant, fluctuates over the course of a year and will be sold at cost anticipated to be less than $5,000.

About the Business

Four Oaks, North Carolina
Year Established:
Number of Employees:
Real Estate:
Building Sq. Ft.:
$1,400.00 Per Month
The business is operated out of a small office and separate home office with a warehouse for tools, service parts, equipment, sheet metal, metal fabrication equipment, records, etc.
Market Outlook/
Reputable competition exists, but most competitors are one man and a truck competing primarily on price. This company is not the least or most expensive in the market and has loyal clients. This business is known for being on time, doing quality work at a fair price with a repair guarantee.
Growth & Expansion:
New owner could jump start new business growth by engaging on social media. The business has not launched indoor air quality products such as UV lights, electrostatic filters, HEPA solutions etc. New owner could also expand into internet enabled thermostats, home integration and customization.
Owner could hire an outside sales professional and/or work a full 40 hours/week.
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About the Sale

Reason For Selling:
True Retirement
Seller will provide up to 80 within the first 60 days post transaction at no additional cost.
Seller Financing:
Seller will participate in SBA mandated financing if required.

Listing Info

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