NOT DISCLOSED, New York
| Asking Price |
$950,000 |
Year Established |
|
|
| Annual Revenue |
$1,141,941 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Anthony Citrolo |
|
| Annual Cash Flow |
$427,747 |
Listing Number |
1014505 |
|
| # of Employees |
6 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Well-established HVAC contractor primarily serving Suffolk and Nassau Counties in New York. The company specializes primarily in residential heating, air conditioning, and indoor air quality services, while also completing select commercial work. Revenue split is approx. 90% / 10%. The business has built a strong local reputation through decades of service, competitive pricing & local availability.
The company employs 2 techs and 1 helper, the owner also works in the field handling installations. They operate with an efficient fleet consisting of 2service vans, 1 pickup truck, and 1 box truck, providing just enough capacity to service a broad customer base throughout its market area. The business benefits from a loyal and recurring customer base, driven by repair, replacement, maintenance, and system upgrade work across both heating and cooling applications. They do not advertise heavily. Most business is obtained by word of mouth.
The owner is approaching retirement, but plans to stay on for at least 1 year, creating an attractive acquisition opportunity for a strategic buyer or individual operator. Significant growth potential exists, as the owner regularly turns away new projects because of capacity constraints and workload limitations. A new owner could accelerate revenue and profitability through additional staffing, expanded marketing efforts, and increased service capacity while leveraging the company’s established market presence and strong reputation.
Property Features and Assets:
<p>Business operates from a store front on high traffic road.<br></p>
Market Competition and Expansion:
<p>Significant growth potential exists, as the owner regularly turns away new projects because of capacity constraints and workload limitations. A new owner could accelerate revenue and profitability through additional staffing, expanded marketing efforts, and increased service capacity while leveraging the company’s established market presence and strong reputation.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity