Diversified HVAC Company
Listing ID: HVAC6
Annual Sales: $3,491,193
Seller Discretionary Earnings: $379,355
Included Inventory: $40,000
Year Established: 2012
Days & Hours of Operation: 8 to 5 MF Emergency call service
Reason For Sale: True Retirement
Reason for Sale Comments: Owner is retiring
Limited Seller Financing: Yes
Listing Status: Pending
Description:This $2,871,000 Charlotte based HVAC 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, but 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 sq. ft. offices/shop can be leased or purchased.
Competition:There are many HVAC competitors, not many with the diversified services of this company.
Growth & Expansion Opportunities: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.
Location: Charlotte, NC
Real-Estate Asking Price: $250,000
Building Square Feet: 2,000
Full-time Employees: 21
Support & Training
Support & Training:Owner will stay during the transition