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Overview

HVAC Business

$400,000+ Cash Flow, Diversified HVAC Company

Price: $1,495,000

Listing ID: HVAC6

Annual Sales: $2,871,000

FF&E: $366,905

Seller Discretionary Earnings: $403,500

Year Established: 2012

Days & Hours of Operation: 8 to 5 MF Emergency call service

Inventory: $40,000

Reason For Sale: True Retirement

Listing Status: Active


Summary

Description:

This $2,871,000 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, 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:

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.

Enlign
George Bradbury, CBI

Senior Broker- Raleigh, NC

Office: (919) 341-1100 Ext.716

Cell: (919) 819-2610


Contact Listing Broker

Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

Location

Location: Charlotte, NC

Real-Estate Asking Price: $250,000

Building Square Feet: 2,000

Labor

Full-time Employees: 21

Support & Training

Support & Training:

Owner will stay during the transition
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