Hidden Gem HVAC Contracting Company in Wake County

Wake County, NC
Wake County


Asking Price: Annual Revenue:
$525,000 $461,285

Services: Construction, Contractors


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RE: Hidden Gem HVAC Contracting Company in Wake County Broker: Shanon Madrid
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $461,285
Net Profit: Not Disclosed
Cash Flow: $161,369
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 614349171
Broker Reference #: DURHANC001-N99

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Business Overview:

This HVAC contracting company was established by current owner in 2000 is a profitable Gem! The company is sized to be managed by a single entrepreneur or have enough maintenance service agreements and growth potential to be acquired by a larger firm. The company provides Commercial and Residential HVAC repairs, service agreements and equipment replacement within the Raleigh/Durham and surrounding areas. The business approach, quality and trust, has led to 404 residential clients of those 78 having current Service Agreements and 80 Commercial customers of those 54 having current Service Agreements. An added feature is the large number of long-term residential and commercial customers. All new customers are acquired by referrals and word of mouth. The business employs 3 technicians and 1 part-time office assistant. Includes 3 vehicles valued at $20,000, Inventory at $3,000 and FF&E at 10,000. Currently they have an in-home office so the asking price and the net profit has been adjusted to reflect $18,000 in rent. Seller is interested in transitioning for up to 6 months. If you would like more information, please contact Shanon Madrid at 919-858-6853 Ext 101 or Smadrid@sunbeltnetwork.com

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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