HVAC Business with Repeat Customers and Five-Person Team

Price: $1,500,000
Annual Revenue: $852,000 Net Cash Flow: $403,000
Construction North Carolina
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Acquire an HVAC business with more than 20 years of operating history and a substantial repeat-customer base. The company serves residential and commercial customers, with residential work accounting for approximately 90% of its customer mix.

Its customer book includes approximately 1,100 customers, with about 730 active during the past 12 months. This provides a buyer with an existing base of customer relationships and opportunities to generate additional business through continued service and follow-up.

Operating team and business model

The business operates from a home office and employs five people covering operations management, technical work and office administration. The team includes an operations manager, a lead technician, two additional technicians and an office manager.

The owner works full time, oversees field operations and holds the business’s HVAC license. This opportunity is particularly suited to a hands-on buyer with residential HVAC or related home-services experience, or an HVAC company seeking to expand its customer base.

Opportunities for growth

A new owner could build on the existing customer book through more systematic customer outreach, maintenance offerings and referrals. Commercial customers currently represent a smaller portion of the business, providing another potential area for expansion.

An existing HVAC operator may also find opportunities to integrate scheduling, office administration and field resources with its current operation.

Seller transition

The owner is selling to retire and is offering a six-to-nine-month transition period. The buyer should be prepared to assume responsibility for field oversight and the business’s licensing needs as the seller transitions out.

HVAC1
Listing Broker
Robert-Stiplosek-MA-Business-Bro-1-1

Robert Stiplosek Senior M&A Broker

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