40 Year old HVAC Company with 1400 Maintenance Agreements
Virginia
| Asking Price: | $4,000,000 |
| Gross Revenue: | $3,628,249 |
| Rent: | $6,800/Month |
| Established Year: | 1984 |
| Cash Flow: | $702,076 |
| Inventory: | $45,000 |
| FF&E: | $375,000 |
Listing ID: 2306437Listing provided by BizBuySell
BUSINESS DESCRIPTION
This established HVAC company, with 40 years of industry experience, has successfully completed 267 system changeouts in the past 12 months. The business maintains a strong focus on residential services, accounting for 80% of its operations, while 12% is derived from commercial projects and 8% from service, maintenance, and indoor air quality (IAQ) solutions. The company has a customer base of 8,606 active customers in its database and holds 1,407 maintenance agreements. Payroll functions are outsourced to CBIZ, and the company utilizes QuickBooks for its accounting and financial management needs.
DETAILED INFORMATION
Location
Virginia
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,240
Lease Expiration
22/11/2025
Employees
17
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fast growing area close to larger city with same growth
Competition
HVAC industry is full of competition, however companies that take care of their customers remain busy year-round.
Support & Training
Owner is willing to stick around short term for a smooth transition
Reason for Selling
Moving on to the next chapter of their lives
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