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- RE: HVAC-Established 45 Years-Family Owned-Smoky Mtns.
- Contact: Adam Bassett
Quick Facts
Asking Price: | $1,600,000 | |
Annual Revenue: | $2,111,805 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $415,401 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1980 | |
Employees: | 12 | |
BBN Listing #: | 992209 | |
Broker Reference #: | 5182-358748 |
Business Overview:
Fantastic opportunity in East TN. Extremely long term HVAC company (45yrs) that is 80% residential and 20% light commercial. There is no new construction. The company focuses on change-outs and service. Flat rate pricing is in place for residential services. They have maintenance relationships with multiple commercial partners. Their payroll is handled internally, and the CRM's used are Excel & Quickbooks. Although the company increased revenue in 2024 while decreasing salaries and wages, there are a lot of areas to streamline this business, reduce operating costs and increase revenue.
Real Estate:
Building is Owned: (potentially for sale)
Proposed Lease: $4,000 per month
Included in Asking Price:
Furniture Fixtures & Equipment: $200k
Inventory: $35k
Number of Employees:
Full-Time: 12
Support & Training:
Owner is willing to remain on for 12+ months.
Listing Number - 5182-358748
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Property Features and Assets:
Market Competition and Expansion:
The HVAC industry will always be competitive, but few parts of the country are experiencing growth like East Tennessee. This area already attracts retirement age homeowners. But we've seen immense growth the past few years from all age groups moving from all parts of the country.
The East Tennessee area is growing by leaps and bounds. Every sector of the service industry is overloaded with work. There is huge growth potential for this company.
Reason for Selling:
semi retiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
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