Hot Listing

Commercial HVAC Business Serving Greater NYC Region

Sale Pending

Asking Price$2,400,000

Cash Flow
$942,500

EBITDA$942,500

Gross Revenue$5,407,000

Inventory$45,000
Included in asking price
FF&E$50,000
Included in asking price
listing imageSave
Hot Listing

Commercial HVAC Business Serving Greater NYC Region


Sale Pending

Asking Price$2,400,000

Cash Flow
$942,500

EBITDA$942,500

Gross Revenue$5,407,000

Inventory$45,000
Included in asking price
FF&E$50,000
Included in asking price
Business Description
N1BB is excited to present a unique opportunity to acquire a highly reputable and well-established HVAC business serving the bustling New York City boroughs, Long Island, and New Jersey.

This isn't your average HVAC company – they've built a robust operation with a full-service engineering division, setting them apart from the competition.

Here's what makes this business stand out:

Comprehensive Services: They handle everything from duct-work and mechanical piping to temperature control, insulation, and in-house engineering/design.

Engineering Expertise: Their engineering division provides cost-effective designs, value engineering, and design-build projects, adding significant value for clients.

Proven Track Record: Over 13 years of operation, built on the owner's decades of industry experience.

Strong Client Base: Major accounts with household name commercial clients, and a diversified revenue stream with no customer concentration issues.

Strong 2025 Pipeline: The sales pipeline for 2025 is approximately $6.1 million.

In-House Capabilities: A skilled team of 25 employees, including installers, designers, and piping specialists, handles nearly all aspects of projects in-house, ensuring quality and efficiency.

Turnkey Potential: The business is structured for flexibility, with a lead foreman and superintendent overseeing projects.

Decades of Industry Experience: The current owner's extensive experience in the HVAC industry, particularly in estimating and sales, has been instrumental in building the company's success.

Strong Team: The company has a strong team of service technicians, installers, and in office managers.

Growth Potential:
This business presents a significant growth opportunity, with several avenues for expansion including...

Digital Marketing: Currently, the business does no internet-based marketing and does not even have a website. A modern online presence could dramatically expand reach and lead generation.

Sales Team Development: There is currently no dedicated sales team. Implementing a proactive sales strategy could unlock new revenue streams.

Residential Market Expansion: The current focus is primarily commercial. Expanding into the residential market could tap into a large and growing customer base.

In-House Sheet Metal Fabrication: The company currently outsources sheet metal fabrication at a cost of approximately $1 million per year. Bringing this in-house could significantly reduce expenses and increase efficiency.

Owner's Role:
The current owner's primary focus is on estimating and sales, which he enjoys. The existing staff effectively manages the day-to-day operations. This structure allows for a relatively hands-off approach for the owner, providing flexibility in their schedule.

Operational Highlights:

Detailed project planning and execution, ensuring seamless multi-million dollar commercial installations.
A dedicated team that handles all install aspects, eliminating the need for extensive subcontracting.
The company currently leases a building for $5,250 a month, and rents a portion of the building out for $800 a month. The landlord is open to transferring the lease.

This is a rare opportunity to acquire a thriving HVAC business with a strong foundation, significant growth potential, a diverse client base, and a robust sales pipeline for 2025 and beyond.

The current owner is approaching retirement and is looking for a qualified buyer to take the reins and capitalize on the company's established success.
About the Business
Years in Operation
14
Employees
25
Facilities & Assets
EQUIPMENT AND MACHINERY:
Roughly estimating $25,000 worth of install tools ranging from power tools, hand tools, service diagnostic readers, pipe fitting machines, and others to complete their project needs. They also have approximately $15,000 worth of commercial job pumps in stock. The company does not have much overhead as they typically have their stock delivered directly to job sites.
Market Outlook / Competition
Owner feels there are no direct competitors with their company, especially regarding their commercial accounts. It has taken so many years do build all systems to work in-house and competitors just don't have these systems or abilities in place.
Opportunities for Growth
They do no advertising and have sales team for their business. Up to this point all business has come in through word of mouth. This is a huge opportunity to expand the business into other fields from selling service and to selling towards residential clients. It is a market that can help immediately with quickly growing demand. Another opportunity for expansion is in-house sheet metal fabrication. The company buys over $1 million worth of sheet metal every year for their projects. It is their biggest expense and it is the only 'outsourcing' they current
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,500
Rent
$5,250.00 per month
Lease Expiration
12/1/2027
About the Sale
Seller Motivation
Retirement
Transition Support
Will provide ample transitional support
Listing Info
ID
2277931
Listing Views
4492

Contact Seller

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Business Listed by: Brendan Sullivan Number1BusinessBroker.com

Listing ID: 2277931 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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