Highly Profitable HVAC Firm in Maine

Cumberland County, ME
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Asking Price:$4,200,000
Gross Revenue:$2,388,000
Established Year:2014
Cash Flow:$971,000
Inventory:$50,000
BUSINESS DESCRIPTION

Well Established HVAC FIRM in Maine

This small 10+ year old HVAC firm is driving big numbers, and the business continues its rapid organic
growth. Based in Cumberland County, their primary focus is on new installs and retrofits for residential
development, and there is no shortage of this work in the greater Portland, Maine area!

Revenue details:
~40% Commercial and 60% Residential
~80% New(50%)/Retrofit(50%) and 20% Service
~90% of business flows through GCs
No single customer is 15%+ of revenue.


DETAILED INFORMATION
Location
Cumberland County, ME
Inventory
Not Included in asking price
Employees
4
Facilities
All trucks, trailers, computers, furniture, will convey.
Growth & Expansion
For the most recent 12-month period, this highly profitable firm earned $2.4M in revenue and $971,000 owner’s net cash flow, all on a staff of 3-4 technicians in the field. Question to Seller: If you had more time during the week, what do you see as opportunities for growing your revenues and profits? Seller’s Answer: “Not saying ‘No’, and getting more customers. We just need to add more people so we can say ‘Yes’.”
Reason for Selling
With a growing family, the Seller is eager to spend more time at home with the c
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Adam
Pratt
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Adam Pratt