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Hvac And Refrigeration Company In Hot Market
Location: United States -> North Carolina
Industry: Business Services > Construction




Business Summary

Well established, highly successful HVAC and Refrigeration company for sale in one of the hottest markets in the country. 2022 revenue projected to exceed $2.5M. 18% INCREASE over 2021! The growth in the Charlotte metro market remains high in both commercial and residential construction. While this company focuses primarily on commercial projects, there are several apartment projects in the pipeline that will provide great revenue growth in 2023. An award winning operations leader is in place and available long term to provide a smooth transition to the new owner. The seller has made significant investment in upgrades to vehicles, systems, etc. Employees, systems, and equipment are all in place to provide a new owner a growing and profitable business on day one! This opportunity will not last long!!
Business originally began servicing the restaurant trade working with some of the largest national chains. Evolving over the years from general construction to more specialized in HVAC and Refrigeration both in commercial and some specialty residential.
Several competitors in the space, but growth in the market exceeds the capacity of existing businesses.

The business currently does no advertising, so digital marketing could increase business significantly.
The business currently runs out of an office/warehouse facility with additional storage being utilized in an on-site storage facility.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,106,000
Cash Flow:   $315,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $130,000
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  3 weeks
Reason For Selling:  relocation

Photos

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Hvac And Refrigeration Company In Hot Market Photo 1




Print Listing Id: 700378421




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Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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