HVAC & Mechanical Contracting Business For Sale

Description

Business type: HVAC and mechanical services business

Current status: established operating business

Trading history: more than 25 years

Profitability: reported as profitable

Primary customer market: residential

Services

• Heating services
• Air conditioning services
• Indoor air quality solutions
• Duct cleaning
• Fireplace services
• New installations
• Repair services
• Service contracts
• Parts sales

Financial information

Average annual revenue: more than $1.2 million

Average Seller's Discretionary Earnings: approximately $360,000

Financial measurement period: past 5 fiscal years

Tangible assets and miscellaneous inventory: approximately $100,000

Tangible assets and miscellaneous inventory: included in the asking price

Customers

Customer database: more than 15,000 contacts

Repeat business: established

Referral business: established

Customer base: diversified

Significant customer concentration: none stated

Suppliers

Supplier relationships: long-standing

Supplier network: established over many years

Staff and operations

Employees: 4

Full-time employees: 3

Part-time employees: 1

Workforce: non-union

Operating structure: lean

Owner responsibility: operations oversight

Owner responsibility: sales

Owner responsibility: service delivery

Owner responsibility: estimating

Owner responsibility: project management

Owner responsibility: staff supervision

Premises

Facility: leased

Location accessibility: stated as easy

Commercial traffic level: stated as high

Market presence

Online presence: established

Third-party reviews: positive

Third-party ratings: positive

Expansion options

• Add sales personnel
• Add service personnel
• Add estimating personnel
• Add project management personnel
• Increase marketing activity

Training and transition

Seller transition support: available

Transition period: subject to mutual agreement

Knowledge transfer: included in transition support

Reason for sale

Reason for sale: retirement planning