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HVAC - Heating and Air Installation and Service - S O L D

Location: Wilmington NC

ID: (#200919)

This Business Has Been Sold.
200919
Price:$1,550,000
Revenue:$4,400,000
Cash Flow:$530,000
FF&E (Assets):$550,000
Inventory:$120,000
Real Estate:$0

Overview

Long standing HVAC company with excellent reputation. Company provides new installation as well as service and has a large number of repeat annual service customers.

Skilled, tenured employees as well as field trainees and office staff in place. Owner will retire and needs to be replaced. Buyers with HVAC expertise preferred.

Central location in Wilmington NC with ample storage and parking spaces.


*Images are stock photos and do not reflect the actual business or product line.

Details

Reason for Selling:

Retirement

Established:

2000

Employees:

18

Furniture, Fixtures, and Equipment (FF&E):

Vehicles, equipment, tools used and useful in the business are included in the sale.

Facilities:

NA

Inventory:

The business maintains around 100,000 worth of standard inventory in stock on a rolling basis, plus additional left overs and inventory on the trucks.

Competition:

Numerous competitors in the area but this business has a stellar reputation and has been around for a long time. No active marketing done.

Opportunities for Growth:

Additional employees and proactive business development with builders can grow the business.

Support and Training

The seller will provide training and transition support as required and negotiated as part of the business sale.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (910) 623 9033 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486