Growing HVAC Company in Central NC

Not Disclosed, NC

Asking Price: Annual Revenue:
Not Disclosed $5,361,208

Services: Construction, Contractors

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RE: Growing HVAC Company in Central NC Broker: Ron Buck

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,361,208
Net Profit: Not Disclosed
Cash Flow: $880,583
Total Debt: Not Disclosed
FF&E: $528,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 36
BBN Listing #: 41594955
Broker Reference #: 1308-15255

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Business Overview:

Successful, well-established HVAC company that has serviced residential as well as commercial clients in its market for nearly 30 years. The Company provides repair, replacement, ongoing and preventative maintenance (over 1,200 pieces of equipment under maintenance contracts), as well as new construction installation services. Excellent, experienced, well-trained staff in place. Full fleet of vehicles. Excellent reputation and 98% repeat business. Turnkey operation for new entrant into HVAC market, or excellent opportunity for existing company to expand.

Lender approved for qualified buyer with 15% down payment.

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Property Features and Assets:

The Company leases a 7,000 square foot facility on a month-to-month basis. Buyer could continue to remain in that location or relocate to another facility. Assets=$603,000.

Market Competition and Expansion:

The Company uses a mix of direct sales personnel, radio, internet marketing, online presence and word of mouth to reach new customers. According to IBIS World, the US Heating, Ventilation and Air Conditioning industry currently brings in $93.8 billion in revenue and profits $5.3 billion annually. On average, the industry has grown 3.1% annually from the years of 2013-18. The three biggest services in this industry are new construction at 50.8%, maintenance and repairs at 32.5% and replacements at 10.8% IBIS World states the most important factors for success in this industry are: having a good reputation, effective management of seasonal production, the ability to hold maintenance contracts, the ability to adopt new technology and the ability to offer a variety of services to fit the customer’s needs. Opportunities for growth include adding additional technicians, expanding foot print, and/or acquiring smaller HVAC companies that do not have the resources and reputation of the seller.

Reason for Selling:


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.

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