HVAC Business in the Outer Banks

Currituck County, NC
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Asking Price:$650,000
Gross Revenue:$1,393,867
EBITDA:$211,495
Cash Flow:$323,700
Rent:$1,000/Month
Established Year:2008
BUSINESS DESCRIPTION

This is an HVAC business located in the Outer Banks of North Carolina. Revenue is generated from a mix of maintenance agreements, service work, installations, and new construction. Business has grown every year since its inception. This is a turnkey operation, perfect for a strategic buyer or an individual looking to enter the industry. Close to 300 maintenance agreements in place. The Outer Banks is an area rapidly growing in population and contains many vacation rental homes, most of which have 2 - 3 HVAC systems in need of constant service.


DETAILED INFORMATION
Location
Currituck County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/12/2025
Employees
4
Facilities
The company leases a small garage/warehouse for $1,000 a month to store equipment. The lease is a basic month to month lease that can be negotiated with the landlord if needed. The size is approximately 2,400 sq ft. The property is located right in the heart of the Outer Banks in North Carolina.
Competition
This company distinguishes itself from competitors by delivering on promises with precision and timeliness. Unlike many competitors, the company prides itself on its reliability and the technical proficiency of its installations and services. The business's reputation is built on the foundational principle of "doing what we say we will do, when we say we will do it." This approach has earned this company a competitive edge in a market that values trust and dependability.
Growth & Expansion
There are multiple avenues for growth available for this business under new ownership. Expanding the digital marketing efforts to include social media advertising and SEO could significantly increase visibility and attract new customers. Developing partnerships with more local contractors could extend the business's reach into new construction projects. Geographic expansion into neighboring areas could capture additional market segments, particularly in under-served regions. These strategies would not only increase revenue but also strengthen the busines
Support & Training
The seller is willing to accommodate a reasonable transition period, but would prefer not to be obligated to the business long term.1 - 3 months.
Reason for Selling
Retirement.
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Marco White