Established Residential HVAC-New England
This residential business has been growing for the past 20 years + 95% of the business is residential. New construction is only about 10%.
This business is located in a fast growing area of New England. Excellent staff in place. The owner is willing to stay on for up to 60 months with the right buyer.
The business offers residential service repair and replacement/installation. The financials are rock solid with steady growth. The buyer will have experience in this sector and/or plumbing and heating/electrical. The owner is looking for a 90 day close. Any working capital needed will be added to the selling price. Owner would also entrain selling the real estate.
Agent: Christopher Gordon
800-366-1627
Active Listing
Asking Price: $5,975,000
Gross Revenue: $5,911,626
FF&E: $50,000
Cash Flow: $1,489,636
Employees: 16
Rent: $5,050
Real Estate: Real Estate for Sale
Support & Training: The owner is willing to train someone with a background in HVAC. The owner will stay on for an extended amount of time.
Market & Competition: There are other HVAC and plumbing companies in the area.
Growth & Expansion: The company is solidly up year over year. A new owner could expand into the commercial market.
Reasons for Selling: The owner would like to see the business expand. The business owner would be happy to sty on for the day to day. Would also entertain just bringing in new business
Inventory Value: $33,000
Years Established: 2021
