50 Yr Old Residential & Light Commercial HVAC Biz

Cincinnati, OH
Hamilton County

Greater Cincinnati Area


Asking Price: Annual Revenue:
$1,695,750 $1,300,000

Services: Construction, Contractors


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RE: 50 Yr Old Residential & Light Commercial HVAC Biz Broker: Michael Lohbeck
License #: CBI

Quick Facts

Asking Price: $1,695,750
Annual Revenue: $1,300,000
Net Profit: $283,433
Cash Flow: $283,433
Total Debt: Not Disclosed
FF&E: $199,843
Real Estate: $225,000
Year Established: 1970
Employees: 10
BBN Listing #: 388762772
Broker Reference #: 07182201.1

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Business Overview:

This 50+ year old residential and light commercial HVAC Contracting business has a long history of serving the Greater Cincinnati area with an excellent reputation for quality products, reliable service and customer care. It is fully staffed with ten (10) employees, including two (2) part-time employees. This business boasts over 400 active preventative maintenance agreements each year, along with over 200 residential R22 split systems and over 1,400 residential R410A split systems serviced each year. Tremendous growth opportunity in the residential market. Key Strengths or Product Focus:
Consistent sales of high-end name brand equipment
Established reputation includes long history of quality service with consistent 80% repeat business
Turnkey operation
Well-staffed
Financially stable

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Property Features and Assets:

5,000 Square foot facility centrally located in Greater Cincinnati, near four (4) major highways 2,500 square feet office space + 2,500 square feet warehouse and sheet metal work area.

Market Competition and Expansion:

This business boasts over 400 active preventative maintenance agreements each year, along with over 200 residential R22 split systems and over 1,400 residential R410A split systems serviced each year. Tremendous growth opportunity in the residential market.

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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