Just listed in Charlotte area is this well established and respected HVAC Company with 5,000 customers in its database. The business is 70% service (retrofitting) and 30% commercial with profit margins 35-45%. The yearly revenues the past 6 years have consistently been 1.3-1.9 million, with cash flows 140-170k per year. The company has a very high approval-inspection ratio with an excellent reputation in the community for quality work at a fair price.
The company is located in a high traffic area in a very nice facility. The GM has been with the company for 15 years and will stay with the new owner, along with its highly skilled and trained employees.
Included in the 495,000 asking price are assets (trucks, vans, trailers, equipment, office furniture and supplies) worth approximately 150,000.
The business provides an excellent investment opportunity with unlimited growth potential. The seller is willing to do some owner financing in the 20-25% range on a buyer for buyer basis. The seller will remain in the business during the transition period for up to 3 months. The seller is receptive to all fair and reasonable offers.
Asking Price $495,000
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