Hot Listing

Top Market Growing HVAC Business in North Carolina

Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA$300,000

Gross Revenue$2,414,499

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Top Market Growing HVAC Business in North Carolina


Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA$300,000

Gross Revenue$2,414,499

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This HVAC company 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 70% of revenue, 25% commercial, and 5% new construction. The business primarily focus is service and installs. They have 340+ maintenance contracts that they service in the fall and spring. Payroll is outsourced to Centex and use CRM systems of HouseCall Pro and Quickbooks. The company operates in a high income area, and has been growing both maintenance contracts and revenue year over year.

Real Estate:
Building is leased: 1,700 SQFT
Lease: yearly Lease at $3,100/month

Employees
Full Time: 3 Techs/install, 2 office Admin, and Owner(manger)
Subcontract in Summer - 2+ ductwork & Install

Reason for Selling
Other Business opportunities and Family

Support & Training
Owner willing to stay on for a successful transition
About the Business
Number of Employees
12
Facilities & Assets
The facility has a front office with warehouse space in the back. With trucks and equipment to take on most any job for both residential and commercial jobs.
Market Outlook / Competition
The market does have competition but there is still much room to grow in what is already established in the area.
Opportunities for Growth
It is in a top market of NC with incredible opportunity to grow in the current market as well as the growth of the market itself in upcoming years.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,700
Rent
$3,100.00 per month
About the Sale
Seller Motivation
Other business opportunity
Transition Support
The current owner works mostly remote but is willing to stay on as need to help the transition of the new owners. Their are several manger sin place that help facilitate the day to day needs of the business.
Listing Info
ID
2411215
Listing Views
34

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

Listing ID: 2411215 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.