Jul 4, 2019 — The Seller has spent the last 34 years building the business into the community fixture it is today. The Company has long been committed to providing comprehensive services to commercial (80%) and residential clients (20%). The Company’s is proud to have had a long list of repeat and reliable clients for many years.
The Company offers the HVAC; preventative maintenance warrantees; repairs & tenant improvements services. Revenue breakdown by service: New installation (50%) Maintenance and replacement (50%).
According to the Seller, client referrals account for 100% of new business. The Seller does not spend any budget on advertising. The Company has PM/SVC contracts with the customers, which are self-renewing.
This could be an excellent acquisition opportunity for larger organization seeking to expand their book of business.
Facilities: Home-based. Can easily be relocated.
Competition: Always plentiful competition in this industry, but if a Buyer maintains the well-deserved and well-earned reputation for excellence; Company will continue to freeze out local rivals.
Growth & Expansion: Experts predict that the market for HVAC-related services is expected to grow at a rate of 6.6% between 2017 and 2021. The new Owner could create a website and engage in social media, hire salesperson, and start some advertising. All of these or other strategies could help boost revenue and profit.
Financing: Possible with the right deal structure for highly qualified buyers.
Support & Training: Seller will provide 4 weeks of training at 20 hours a week.
Reason for Selling: Retirement
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