Established And Well-Known HVAC Service Business
Fredericksburg, VA Stafford County
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- RE: Established And Well-Known HVAC Service Business
- Contact: Phil Bongiorno
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $361,601 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $70,890 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $31,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | 2 | |
| BBN Listing #: | 944468 | |
| Broker Reference #: | HZ540PB |
Business Overview:
Excellent opportunity to own an established business that provides heating and air conditioning installation, maintenance, and repair services. The company has been established for over 40 years and serves customers in the greater Fredericksburg area to include Stafford, Spotsylvania, Culpeper, King George, Caroline & Louisa counties. They offer a wide range of services, performed by professionally-trained and certified technicians and designed to meet every customers’ home comfort needs exactly. The owner takes pride in building long standing relationships and consistently delivering a high level of service.
This business would make an ideal acquisition target for an established business looking to expand their footprint, but would also be an attractive turnkey opportunity for an owner/operator. There is a loyal and reliable customer base with many long standing accounts. Over the past 3 years there have been approximately 587 clients served. In 2023 there were approximately 241 clients under an annual maintenance contract that generated approximately $37,000 in revenue with nearly 55% of them receiving some additional services like filters, capacitors, contractors, and refrigerant, or more in-depth repair or replacement work. The company has a great reputation with most of their business coming from word of mouth and referrals.
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Property Features and Assets:
The business is operated from a warehouse that is owned by the seller, but the business can be home based or operated from a small office (in which we estimated an annual cost of approx. $12,000/year). The Real Estate that is owned by the seller will be available for sale at a price to be determined.
Market Competition and Expansion:
Competition:
There is standard competition for the industry and market, but this business has been established for over 40 years and has an excellent reputation in the area. There have been nearly 7,000 customers served going back to the 1990s and an experienced team in place.
Growth & Expansion:
There is room to grow and expand the business through increased marketing and advertising as much of the new business is generated through referrals and word of mouth. A new owner could also bring on new employees to take on more business and expand the current service area. The greater Fredericksburg area continues to grow as well so there are strong demographics to support a business in this industry.
Reason for Selling:
Owner is retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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