Seller's Contact Information
- RE: Premier HVAC Contractor Company In Upper Midwest
- Contact: Young Bebus
Quick Facts
Asking Price: | $9,500,000 | |
Annual Revenue: | $17,176,445 | |
Net Profit: | $1 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 51255277 | |
Broker Reference #: | 15211903-YB |
Business Overview:
Don’t miss this rare opportunity to acquire a historically successful company poised for continued strong growth in the rapidly expanding Heating, Ventilation & Air Conditioning (HVAC) market.
The company has been in the HVAC industry for over thirty years and is well recognized as a leading distributor, repairer, and installer of top brand-name equipment. They improve the indoor air quality of their customer’s with energy efficient and eco-friendly products. As a result, they are well known in the marketplace as class-leading, with the top HVAC technicians in the industry.
BUSINESS HIGHLIGHTS
• 30 years in business with a well-established positive reputation
• Large diversified customer base: commercial/residential customers
• Fully certified technicians in the repairing and installation of top brand-name HVAC equipment.
• A rated by the Better Business Bureau (BBB)
• Certified dealer of top industry manufacturers
• Stable revenue trends/profitability
• Expertise in air management of commercial spaces to manage spread of coronavirus and other airborne pathogens
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Market Competition and Expansion:
HVAC MARKET TRENDS(1) The North American HVAC market is projected to expand at a 4.6% CAGR, rising to a total of $26.78 billion USD by 2025, offering lucrative growth opportunities. Several market trends are: • The US Dept. of Energy (DOE) is heavily invested in improving energy efficiency standards, placing minimum energy efficiency standards on appliances and equipment • Pressing need for improved air management systems in office space to combat pandemic virus(2) • Heating Equipment segment to exhibit highest growth • Contribution and penetration rate of HVAC equipment is rapidly growing in U.S. • Rising demand for HVAC efficient systems with sophisticated technology 1. www.prnewswire.com 2. “Can HVAC systems help prevent the transmission of COVID-19?” by the Advanced Industries Practice, 2020, McKinsey & Co.
Reason for Selling:
Retirement
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
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