Heating & Air Conditioning Company near Richmond

Not Disclosed, VA

Richmond Area


Asking Price: Annual Revenue:
$390,000 $800,000

Services: Construction, Contractors


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RE: Heating & Air Conditioning Company near Richmond Broker: Gavin P Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $390,000
Annual Revenue: $800,000
Net Profit: $200,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $280,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 5
BBN Listing #: 819448609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer an established heating and air conditioning company for sale near Richmond, Virginia.

This HVAC business has built a solid reputation in the community for being efficient and reliable. The owner set a standard day one and has adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula.

Revenues for this very profitable HVAC company are 80-85% from the residential replacement, service and maintenance market. There are roughly 500 preventative maintenance contracts and a 1,700+ active customer base. The sale will include vehicles worth about $80,0000. Inventory will be sold for an additional $200,000.

The company does no advertising but benefits from its strong reputation and recurring clients. The firm would benefit from a multi-faceted marketing campaign. The website, social media presence and advertising could all be upgraded.

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Property Features and Assets:

Location is leased.

Market Competition and Expansion:

The United States HVAC services market was valued at $11.45 billion in 2020, and it is expected to reach $16.56 billion by 2026, registering a CAGR of 6.4%, during the period of 2021-2026. The United States ranks high when it comes to HVAC systems. For instance, in the United States, more than 90% of households have air conditioning equipment, compared to just 8% of the 2.8 billion people living in the hottest parts of the world. The growing use of air conditioners in homes and offices around the U.S. will be one of the top drivers stressing the need for the HVAC services in the region.

Reason for Selling:

Owner wishes to retire.

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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