Exceptional Commercial HVAC Company 26% Projected Cash Flow Margin!

Richmond, VA
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Asking Price:$4,000,000
Gross Revenue:$4,950,000
FF&E:$140,000
Cash Flow:$900,000
Rent:$3,000/Month
Established Year:2019
BUSINESS DESCRIPTION

RVA Business Brokers is delighted to bring this incredible opportunity to purchase a Commercial HVAC installer in Richmond, VA.

The Company installs new HVAC systems for a wide range of clients, including restaurants, gas stations, office, and more. Their primarily focus on general contractors in the RVA area.

The Company's story is one of managed growth. Founded in 2020, even as Covid hit the nation, the Company earned $1.54 million in their first year. Revenue surged 76% in 2021 reaching $2,716,214. It climbed another 64% in 2022 to $4,465,348. The Owners decided to cap annual revenue at $5 million to ensure quality work. In 4 short years, 2020-2023, they reached $4.8 million!

There is incredible growth potential. Their clients beg them to take on more projects. The New Owner can build a project management team that would encourage internal advancement and allow for more projects to run concurrently. Adding an HVAC service center would meet with great success. A service center would even out cash flow between big projects.

The Commercial HVAC company is ripe for profit and growth. They have managed operational costs expertly, boosting their Cash Flow Margin to a projected 26% in 2024.

Don't wait to start the conversation!

Investment H ghl ghts
Asking Price: $4,000,000
- 2023
- $4,810,771 Revenue
- $ 902,656 Seller's Discretionary Earnings
- Included: $141,500 vehicles
- Established: 2020
- Staff: 16, plus 2 owners
- Opportunities for growth
- Build an HVAC service center
- Build out a project management team
- Redesign website
- Bid on more projects


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,100
Lease Expiration
31/12/2030
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Suite C: 2,010 sq. ft. of office space, $1,288/month, month-to-month Suite 3: 2083 sq. ft. of warehouse space, $1,775/month, month-to-month 13 Trucks and two trailers
Competition
Always competition but we turn business away and there are numerous ways to double triple this business
Growth & Expansion
The Comnpany is poised for rapid growth. They've been selective, accepting fewer projects to ensure quality with their current staff and resources. A New Owner has a tremendous opportunity to increase revenue and grow the business. - Create project management positions. By committing to a middle-management structure, the Company can enhance systems for future growth and maintain the current high standard of work. - Create a program to help internal candidates develop their careers and advance within the Company. - Promote the lead service tech
Support & Training
As Negotiated and Needed. Owner with relationships will to stay on as a sales person indefinately as needed.
Reason for Selling
Owners Tired have other business interest.
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Dan
Daniel
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Dan Daniel