Fast Growing HVAC business for sale

Filament Business Advisors is proud to offer for sale a proven HVAC installation and service company with residential and commercial customers throughout Central Virginia. This company has long-term preventative maintenance agreements with property management companies and general contractors and has been servicing the region for more than a decade. A reliable crew of technicians and support personnel provide a high level of customer service with a solid mix of sales and service. The owner operates lean out of his home with 11 full- and part time employees and contractors. Business property includes all essential tools, 5 trucks & vans and infrastructure. 2023 Revenue is up 33% over 2022, and revenue per truck is well over $300,000.

A Carrier dealer, this company installs and services all brands, including water heaters, heat pumps, furnaces and AC systems. The owner is looking to retire and concentrate on his real estate business, but is willing to stay on board to introduce the right buyer to his deep list of contacts, customers, vendors and staff.

The successful buyer likely has experience in HVAC or a related field. This would be an optimal acquisition for an existing HVAC company looking to grow its reach and staff. This would also be a wise strategic acquisition for a related trades company, such as plumbing or electrical, looking to integrate, or an HVAC supply company looking to increase its installation and service business.

This company was able to hit well over the million dollar revenue mark profitably and without any marketing, and a savvy buyer could easily scale the business by making the website more functional, conducting basic sales training and employing modern scheduling and routing software.

The HVAC installation and service industry in the US nearly doubled from 2010-2020, and is projected to continue to grow at over 13%/year for the next decade. Virginia’s HVAC industry has the 8th highest number of employees in the country for a reason.