Outstanding HVAC Opportunity
North Carolina
| Asking Price: | $4,950,000 |
| Inventory: | $1,500,000 |
| Established Year: | 1991 |
| Gross Revenue: | $4,917,307 |
| Rent: | $4,000/Month |
Listing ID: 2295877Listing provided by BizBuySell
BUSINESS DESCRIPTION
A long-standing company with a 33-year legacy in air conditioning services and installations, this well-regarded company serves a balanced mix of commercial and residential client. 99% of the operations are run by a general manager providing a great opportunity for investors. With projected revenues of nearly $5 million in 2024 and a steady 6% annual growth since 2020, the company is well-positioned for continued success in both the commercial and residential market segments. The Charlotte, NC location offers a unique opportunity to consolidate a fragmented market and capture a boom in revenues as western North Carolina rebuilds.
DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Employees
8
Facilities
Over $1.5 million of equipment and vehicles (new value). This company boasts a seasoned general manager who handles 99% of the operations, overseeing experienced services technicians and five install crews who are usually booked a month in advance. Sales are generated by a full-time sales person and leverage the company's outstanding reputation to capture repeat business. The company has 750 subscribed clients who deliver recurring revenue and are primed to deliver future installation business.
Growth & Expansion
This is a fantastic investment opportunity for a smart investor to gain a foundation in the southeastern US and execute an HVAC roll-up strategy, leveraging this established operator. With both commercial and residential customers this company can flex with market demand and grow in both segments. With significant potential for expansion through SEO-driven marketing and outbound sales, this business is poised for growth. Additionally, price adjustments present a significant opportunity to increase value: Recent increases have shown no drop in demand.
Support & Training
General Manager handles 99% of operations and could continue running the business after the sale.
Reason for Selling
retirement
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