Request More Information Contact the Seller
- RE: Well-Established & Profitable HVAC Company
- Contact: Don Emmett
Quick Facts
Asking Price: | $449,950 | |
Annual Revenue: | $736,629 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,104 | |
Total Debt: | Not Disclosed | |
FF&E: | $85,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | 2 | |
BBN Listing #: | 937708 | |
Broker Reference #: | 1310-18183 |
Business Overview:
This is a well-established, 40-plus-year HVAC company serving the Triangle area. The company offers commercial and residential HVAC solutions. Services include installations, repairs, preventative maintenance, and emergency services. The business is 75% residential & 25% commercial. The company currently has more work requests than they can handle. They have 2 full-time techs (including the owner) and rely on contractors for installations.
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.
Property Features and Assets:
The Business is currently home-based.
Assets = $85,000
Market Competition and Expansion:
The global market for HVAC & plumbing is projected to reach $370B by 2030 with a CAGR of 3.9% between 2020 and 2030. New technology, such as systems connecting HVAC, lighting, and security using voice control systems is driving residential and commercial demand. With high fixed costs and high accounts receivable, HVAC companies depend on high volume for profitability. Most companies in the industry are small (60% of US plumbing and HVAC contractors have fewer than 5 employees). Small companies can gain a competitive advantage by serving a focused market with excellent customer service or by providing specialized products and services. Demand for HVAC services is heavily dependent on new home construction and existing home sales.
The company should hire new technicians and advertise to increase revenue. To increase profitability, the company could raise prices, buy in larger quantities, and/or develop inventory.
Reason for Selling:
Owner retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information