Active
Highly Profitable Residential & Light Commercial HVAC Business
This highly profitable residential and light commercial HVAC Contracting business has a long history of serving the Greater Cincinnati area with an excellent reputation for quality products, reliable service and customer care. The business has 3 full-time employees (including owner) and 1 part-time employees. This business has solid recurring revenue via annual and seasonal preventative maintenance agreements each year, along with extensive list of residential R22 split systems and residential R410A split systems serviced each year. As a result, this business touts a tremendous growth opportunity in the residential market.
Listed By: Omar Kettani
Listed By: Omar Kettani
Background information
Reference:
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Year established:
N/A
Reason selling:
Retiring
Finance
Sales:
$997,305
EBITDA:
$379,505
Operations
Employees:
4
Equipment:
Included in asking price $48,210
Inventory:
Included in asking price
Premises
Facility:
Vehicles
Location:
Cincinnati, OH
Opportunities
Growth:
Phaseout of both R22 and R410A over the next 10 years is an automatic windfall for the HVAC Industry. This business has a nice, profitable mix of residential and light commercial service and replacement. Key Strengths or Product Focus: - Consistent sales of a reliable brand of equipment - Established reputation includes long history of quality service with consistent 80% repeat business - Turnkey operation - Highly Profitable - Financially stable
Price and terms
Price:
$1,195,659
Financing:
Pre-Qualified for SBA 7a Loan Program
Training:
Seller is retiring and willing to work through agreed transition.