Dec 21, 2011This 30 year old company located just East of the Charlotte Metro area. The company has a database of approximately 18,000 customers with 300 renewable service contracts that insure ongoing cash flow. Revenues averaged $550,000.00 the previous three years, with profit margins around 37%. Ninety percent of the work is service--installation, retro fitting and preventive maintenance--with only 10% commercial and new construction. The average length of service for employees is 10 years.

The seller owns .75 of an acre of property on the main highway 24/27. Seller agrees to lease property at below market value. The Company maintains “Comfort Specialist" rating by Trane, and has a very high approval-inspection ratio. The reason for the sale is the owner’s retirement. Family management and employees would like to stay on with the company.

The Company’s Motto is “Family Sells it, Family Installs it, and Family Services it".

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