Growing Residential HVAC Business

Sale Pending

Asking Price$600,000

Cash Flow
$216,262
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,667

Inventory$60,000
Included in asking price
FF&E$200,000
Included in asking price
Residential HVACSave

Growing Residential HVAC Business


Sale Pending

Asking Price$600,000

Cash Flow
$216,262
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$900,667

Inventory$60,000
Included in asking price
FF&E$200,000
Included in asking price
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
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

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Business Listed by: Jack Benton Stockton Matthews Real Estate Investment Services

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.