Full-Service Heating Equipment Sales & Service Company #1824
Asking Price: | $600,000 |
Gross Revenue: | $3,033,205 |
Established Year: | 1990 |
Cash Flow: | $151,764 |
Real Estate: | $750,000 |
Company Offering Installation, Maintenance & Equipment Sales
Location: Southwest, VA
Founded over 70 years ago, this full-service oil delivery, sales, maintenance, and service company has established itself as a cornerstone of dependable service in Virginia. The company's long-standing commitment to providing heating equipment products and solutions has earned it a trusted reputation among its clients.
• Historical Roots: Originated in the early 1900s, initially focusing on coal sales and the installation of coal-burning furnaces for home heating.
• Evolution: Shifted to home heating oil sales and equipment installations in 1955, marking a significant transition in the company's business model.
• Community Presence: A strong community presence has enabled the company to maintain long-term relationships with clients, some of whom lack access to gas lines and depend heavily on the company’s services.
• Market Share: The company's critical role in providing heating solutions, especially in areas without gas line access, has resulted in a significant market share in their industry.
Real Estate is a package deal and included in the listing price.