Highly Profitable HVAC Firm in Maine
Highly Profitable HVAC Firm in Maine
Agent: Adam Pratt
Phone: 1 (207) 844-1456
Email: apratt@AtlanticBusinessBrokers.com
Active Listing
Listing Description:
This small 10+ year old HVAC firm is driving big numbers, and the business continues its rapid organic growth. Based in Cumberland County, their primary focus is on new installs and retrofits for residential development, and there is no shortage of this work in the greater Portland, Maine area!
Revenue details:
- ~40% Commercial and 60% Residential
- ~80% New(50%)/Retrofit(50%) and 20% Service
- ~90% of business flows through GCs
- No single customer is 15%+ of revenue.
For the most recent 12-month period, this highly profitable firm earned $2.4M in revenue and $971,000 owner’s net cash flow, all on a staff of 3-4 technicians in the field.
Question to Seller: If you had more time during the week, what do you see as opportunities for growing your revenues and profits?
Seller’s Answer: “Not saying ‘No’, and getting more customers. We just need to add more people so we can say ‘Yes’.”
With a growing family, the Seller is eager to spend more time at home with the children. The Seller is willing to stay on with the Buyer for up to a year, depending upon need.