Full-Service Heating Equipment Sales & Service Company #1824

Virginia
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Asking Price:$600,000
Gross Revenue:$3,033,205
Established Year:1990
Cash Flow:$151,764
Real Estate:$750,000
BUSINESS DESCRIPTION

Company Offering Installation, Maintenance & Equipment Sales

Location: Southwest, VA

Founded over 70 years ago, this full-service oil delivery, sales, maintenance, and service company has established itself as a cornerstone of dependable service in Virginia. The company's long-standing commitment to providing heating equipment products and solutions has earned it a trusted reputation among its clients.

• Historical Roots: Originated in the early 1900s, initially focusing on coal sales and the installation of coal-burning furnaces for home heating.
• Evolution: Shifted to home heating oil sales and equipment installations in 1955, marking a significant transition in the company's business model.
• Community Presence: A strong community presence has enabled the company to maintain long-term relationships with clients, some of whom lack access to gas lines and depend heavily on the company’s services.
• Market Share: The company's critical role in providing heating solutions, especially in areas without gas line access, has resulted in a significant market share in their industry.

Real Estate is a package deal and included in the listing price.


DETAILED INFORMATION
Location
Virginia
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
6,400
Employees
5
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David
Bogart
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David Bogart