Booming HVAC Business, located in the Coastal C...

Brunswick County, NC
Brunswick County


Asking Price: Annual Revenue:
$995,000 $1,600,000

Services: Construction, Contractors


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RE: Booming HVAC Business, located in the Coastal C... Broker: B.M. "Buddy" Guin
Owner Financing is Available!

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 262038768
Broker Reference #: CHARLNC001-N827

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Business Overview:

The HVAC Company was started by the seller in middle of 2019 and has averaged a 500K sales growth per year the past three years (2019-515K) (2020-1M) (2021-1.6M). The seller retired and moved to the beach, become bored, so he started another HVAC company from scratch in July, 2019 and grew it into a 1.6M dollar company in a little over 2 years and is expected to hit 3M in sales by the end of 2022. The company was started and managed by one of the most experienced residential and commercial HVAC persons in North and South Carolina. The company basically runs itself with it’s seven highly experienced employees plus the owner. So a buyer does not have to possess previous HVAC experience; just some management skills. The company averages profit margins of 30% to 40% per year. The company’s home office is located in the FASTEST GROWING COUNTY in North Carolina and one of the largest. It serves the coastal plains from Wilmington, NC to Myrtle Beach, SC. The seller is retiring for the second time and is willing to sign a noncompete that he will not start another HVAC company or go to work for another HVAC company for 3-5 years and 50-100 miles. The seller is willing to do some owner financing on a buyer for buyer basis. For more information, please contact Southern Mergers & Acquisitions/Sun Belt Business Brokers.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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