HVAC Service & Installation Co with Real Estate

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$1,800,000 $1,604,807

Services: Construction, Contractors


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RE: HVAC Service & Installation Co with Real Estate Broker: Anthony Citrolo

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,604,807
Net Profit: Not Disclosed
Cash Flow: $354,353
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 1956
Employees: 10
BBN Listing #: 112011983
Broker Reference #: 977

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Business Overview:

This nearly 60 year old heating and cooling company with a well-established, long term customer base is available for acquisition.

The company serves customers throughout the Nassau, NY & Western Suffolk County area with installation and servicing of Central

Air Conditioning Systems, Gas Forced Air Heating Furnaces, Heat Pump Systems, Air Cleaners, Humidifiers, Zoning Systems,

Ductless Mini-Split Systems and Water Heaters. They have a database of over 7,000 Lifetime Customer with 385 customers on Service Contracts.

This reputable HVAC Company has a reliable, well-trained staff with a high retention rate. The company’s service staff is supervised

by a NATE Certified Ace Technician (North American Technician Excellence) and technicians are fully trained and certified by the

EPA, ACCA, National Grid and the Trane Company.

Revenues from this HVAC company has grown significantly over the years and the new owner will be in a great position to reap the benefits of continued growth.

Gross Revenues

2018 $1,604,807

2017 - $1,484,660

2016 - $1,403,138

2015 - $1,369,278

The company has a storefront in a prime location. It has experienced significant growth in number of service contracts. With many long-standing client relationships and multiple nearby new high-density residential communities currently undergoing construction, this company is prepared for long term success and continued growth. The owner will assist with transition and provide support for the new owner to ensure a smooth transition.

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Property Features and Assets:

Building Size:3,278 square feet. Description of Use: 75% Warehouse/Work Area, 20% Office Space, 5% Retail. Facility Highlights: Located on main road, retail counter, warehouse area with large overhead garage door, 6 car parking area, two restrooms, partial unfinished basement, fully heated and air conditioned (except basement), alarm system, 3 phase electrical service. Recent Additions: New storefront glass door and windows, two HVAC systems, alarm system. Real Estate Acreage:0.11 Lot Dimensions:50’x100’ Building Class:481

Market Competition and Expansion:

Key Factors that differentiate this HVAC company from it's competition: •Personal service and longtime presence in the community •Quality well-known products •Customers are well acquainted with the employees because of their long-term employment; this makes them comfortable with who is doing the work.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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