Fast Growing, Profitable, Diversified HVAC Company

Summary Information

Internal ID:
Price:
Total Sales:

Seller Discretionary Earnings:
FF&E:

Industry:
Year Established:

Days and Hours of Operation:
Reason for Sale:
Listing Status:

HVAC6

$1,925,000

$3,000,000

$470,000
$366,905

HVAC Business
2012

8 to 5 MF Emergency call service
True Retirement
Active

Summary

Description:

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, 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 and 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.

Location

Location:

Real-Estate Asking Price:

Building Square Feet:

Charlotte, NC

$250,000

2,000

Labor

Full-time Employees:

21

Support and Training

Support and Training:

Owner will stay during the transition

LISTING BROKER

George Bradbury, CBI

George Bradbury, CBI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Internal ID: HVAC6
Price: $1,925,000
Total Sales: $3,000,000

Seller Discretionary Earnings: $470,000
FF&E: $366,905

Industry: HVAC Business
Year Established: 2012

Days and Hours of Operation: 8 to 5 MF Emergency call service
Reason for Sale: True Retirement
Listing Status: Active

Summary

Description:

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, 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 and 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.

Location

Location: Charlotte, NC

Real-Estate Asking Price: $250,000

Building Square Feet: 2,000

Labor

Full-time Employees: 21

Support and Training

Support and Training: Owner will stay during the transition

LISTING BROKER

George Bradbury, CBI

George Bradbury, CBI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607