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Overview

HVAC Business

Diversified HVAC Company

Price: $1,900,000

Listing ID: HVAC6

Year Established: 2012

Annual Sales: $3,491,193

Seller Discretionary Earnings: $379,355

FF&E: $366,905

Inventory: $40,000

Included Inventory: $40,000

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

Full-time Employees: 21

Reason For Sale: True Retirement

Reason for Sale Comments: Owner is retiring

Limited Seller Financing: Yes

Listing Status: Pending


Summary

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.

Support & Training:

Owner will stay during the transition

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Jeff Snell, CM&AP, M&AMI, LMCBI, ABI

Principal Broker & Founder – Raleigh, NC

Office: (919) 341-1100

Cell: (919) 624-1124




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Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

Location: Charlotte, NC

Real-Estate Asking Price: $250,000

Building Square Feet: 2,000

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