Growing Residential HVAC Business
Business Description
This is a smaller HVAC company that is growing and ready to expand in its area. It is perfect for a new owner or add on for the market share. The business does primarily residential work at 80% of revenue and 20% commercial. The business primarily focus is service and installs. They have 450+ maintenance customers that they service in the fall and spring. Payroll is outsourced to Truist Bank and use CRM systems of Service Fusion and Quickbooks. The company operates in a high income area, and ahs been growing both maintenance contracts and revenue year over year, with 130-240 new calls per month.
Real Estate:
Building is leased: 3,400 SQFT
Lease: yearly Lease at $1,200/month
Including In asking Price:
Approx Inventory: $60,000
Approx FF&E: $200,000
Employees
Full Time: 3 Techs/install, 2 office Admin, and Owner(manger)
Subcontract in Summer - 2+ ductwork & Install
Reason for Selling
Retirement
Support & Training
Owner willing to negotiate but is looking for a shorter transition period
Real Estate:
Building is leased: 3,400 SQFT
Lease: yearly Lease at $1,200/month
Including In asking Price:
Approx Inventory: $60,000
Approx FF&E: $200,000
Employees
Full Time: 3 Techs/install, 2 office Admin, and Owner(manger)
Subcontract in Summer - 2+ ductwork & Install
Reason for Selling
Retirement
Support & Training
Owner willing to negotiate but is looking for a shorter transition period
About the Business
- Employees
- 6
- Facilities & Assets
- The sale will come with all FF&E and Inventory included with approximately $260,000 worth. Some of this is leased and some is owned out right.
- Market Outlook / Competition
- HVAC industry is full of competition, but is limited in this area to a few shops in a nearby vicinity.
- Opportunities for Growth
- This is a high income area that supports the need for HVAC services, with several more customers in the area needing service
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,400
- Rent
- $1,200.00 per month
- Lease Expiration
- 12/31/2025
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner willing to negotiate but is looking for a shorter transition period
Listing Info
- ID
- 2388269
- Listing Views
- 536
Listing ID: 2388269 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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