CHARLOTTE, North Carolina
| Asking Price |
$1,495,000 |
Year Established |
2012 |
|
| Annual Revenue |
$3,000,000 |
Reason for Selling |
True retirement. |
|
| Annual P/L |
$470,000 |
Attention |
Jeff Snell |
|
| Annual Cash Flow |
$400,000 |
Listing Number |
590946 |
|
| # of Employees |
21 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This $3,000,000 Charlotte based HVAV company serves many diversified customers. Residential for change-outs, repairs and service---27%. Commercial New Construction and refits---50%. Commercial Service---and the fastest growing—23%.
None of this company’s work involves residential new construction, except for a few customs homes.
This 21 person company runs lean and has grown more than 30% each of the last 3 years. A more aggressive, well capitalized buyer could take advantage of even more and larger projects, the current owner is unwilling to undertake.
The owner is retiring, He will work with the buyer through a transition. The 2,000 square feet offices/shop can be leased or purchased.
Property Features and Assets:
Their three divisions cover the most profitable and least volatile sections of the industry with an end goal of building a service department that exceeds $5,000,000.00 annually. Stability regardless of economy, politics, or culture shifts.
Market Competition and Expansion:
There are many HVAC competitors, not many with the diversified services of this company.
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