Under Contract - Commercial HVAC Repair & Replacement Services Company

Financial Information

  • Asking Price: $475,000
  • Gross Revenue: $1,219,186
  • Cash Flow: $161,188
  • Down Payment: 0
  • FF&E (Included): $150,000
  • Inventory: $3,000
  • Financing: No

Business Location

  • Triad
  • North Carolina
Primary Business Category: Plumbing, Heating, and Air-Conditioning Contractors

18-year experienced Family-Owned specializing in Commercial Heating, Air Conditioning Repair and replacement, servicing the Central North Carolina Area. Full scale comprehensive HVAC replacement, they do it all. 6 Field technicians, 1- bookkeeper plus owner keep everything running smooth. $150,000 in assets with 4 vehicles. They have built a reputation and strong book of business and is recognized in top 4 of the Triad as an outstanding service provider. Quality and service are impressive results driven by utilizing higher than industry standard products and equipment. Went into 2020 with $1M pipeline and as of today they have completed 50%. Post COVID- they did not take PPP and retained all employees. For more information, please contact Greg Robinson at 336-660-2651; [email protected] or Shanon Madrid at 919-858-6853 ext 101 or [email protected]

Competition Description

Limited in the commercial space.

Growth / Expansion overview

Solid reputation for continued growth. Current book of business is mostly change-outs/installs and the service department has potential for growth.

Support / Training Comments

Seller would like to stay on as an estimator or project officer.

Financing Comments

Seller will consider a seller note for highly qualified buyer. Seller will discuss selling the building if necessary.

Reason For Sale
Would like to reduce responsibilities. Would like to stay on as an estimator or project officer.
  • Home Based: No
  • Year Established: 2002
  • Franchise: No
  • Year Acquired: 2002
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences: HVAC, Business

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: NEGOTIABLE
  • Days Open: Monday - Friday
  • Hours Open: 7:00-6:00
  • Fulltime Employees: 7
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 10,000 sq ft
  • Parking: Ample
  • Monthly Rent: $3,000
  • Lease Miscellaneous: does have 2 other tenants

Contact Business Broker

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Business Listed by

Sunbelt Durham

Contact: Shanon Madrid
Office Phone: 919-624-9275
Mobile Phone: 919-624-9275
Listing ID: DURHANC001-N65

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