This is a very well established HVAC (heating and cooling) company offering service, repair, design and installation of all heating, air conditioning and ventilation systems for commercial businesses and residential homes. Approximately 75% of the revenue consists of residential business and 25% of revenue consists of light commercial work (10 ton units and under). The revenue is comprised of custom residential new construction 31.5%, commercial installations 19%, residential geothermal installations 3.3%, residential replacement installations 23.4%, residential demand service 8.8%, commercial demand service 7.4%, residential/commercial maintenance agreement service 6.3%, and a small portion of counter sales.
Areas served include a major metropolitan city in Michigan. The company has a large group of well trained and tenured employees. The company has have been exceptionally profitable over many years and has one of the best reputations for quality and service of work in the HVAC industry.
This business offers a unique opportunity to acquire a turnkey enterprise with pristine financials, a loyal and desirable commercial and residential customer base, and a hard-to-find business model based on recurring revenue. This is an excellent opportunity for a savvy, business-minded investor to purchase an outstanding business or for an existing company to grow through acquisition.
|Business Type||HVAC (Heating and Cooling) Company For Sale|
|EBIDTA (Discretionary Earnings)||$678,301|