Booming HVAC Business, located serving Brunswick County
Building & Construction Businesses for Sale
- Primary Category: HVAC Businesses for Sale
The seller retired and moved to the beach, become bored, so he started another HVAC company from scratch in July, 2019 and grew it into a 1.6M dollar company in a little over 2 years.
The company was started and managed by one of the most experienced residential and commercial HVAC persons in North and South Carolina. The company basically runs itself with it's seven highly experienced employees plus the owner. So a buyer does not have to possess previous HVAC experience; just some management skills.
The company averages profit margins of 30% to 40% per year. The company's home office is located in the FASTEST GROWING COUNTY in North Carolina and one of the largest. It serves the coastal plains from Wilmington, NC to Myrtle Beach, SC. The seller is retiring for the second time and is willing to sign a noncompete that he will not start another HVAC company or go to work for another HVAC company for 3-5 years and 50-100 miles.
Financial Information
- $550,000 Asking Price
- $200,000 Cash Flow
- $1,600,000 Gross Revenue
- On request Down Payment
Business Location
- City: Brunswick County
- State: North Carolina
Reason for Sale
- Retirement
Detailed information
- Year Established: 2019
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 8
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $125,000
- Monthly Rent: On request
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: $150,000
Training/Support
- Seller will negotiate a transition period
Business Listed by
B.M. 'Buddy' Guin
Sunbelt of CharlotteContact Business Broker
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