Exceptional Residential Fuel Oil & HVAC Company

Newport News, VA
Newport News City County

Eastern Virginia


Asking Price: Annual Revenue:
Not Disclosed $2,911,463

Services: Construction, Contractors


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RE: Exceptional Residential Fuel Oil & HVAC Company Broker: Roland Davis

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,911,463
Net Profit: Not Disclosed
Cash Flow: $343,300
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 218660217
Broker Reference #: HVAC & HO

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Business Overview:

Location: Eastern Virginia

Well established full service Residential Heating Oil and HVAC Equipment Company with an outstanding client base. The company’s sterling reputation combined with its long history in the marketplace has proven it as one of the premier firms in its niche. The company’s customer base exceeds 5,000 and it delivers well over half a million gallons each year.

Services offered include delivery of home heating oil, service and conversion of heating oil units, and HVAC Unit installation and service repairs. In addition, customers rely on a preventative maintenance program to ensure each piece of equipment performs at its peak at all times. The business has an experienced staff.

The Company continues to realize profitable growth. Its expertise is in high demand. Revenues are achieved with referrals and marketing. This great opportunity to purchase a well-regarded business that provides an exceptional potential for expansion by positioning for unit conversions in the future. The reason for sale is retirement.

For an existing HVAC business, this is a great strategic acquisition opportunity to immediately purchase a predominant established business to capitalize on its long-term goodwill, reputation and client base. Upon proper qualification of the potential acquirer, including the customary exchange of financial information and confidentiality agreements, a detailed Confidential Prospectus will be provided. All inquiries will be held in strictest confidence.

Gross Revenues: $2,911,463
SDCF: $343,300
FF&E: $200,000

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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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