Hot Listing
Exceptional Commercial HVAC Company 26% Projected Cash Flow Margin!
Business Description
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a Commercial HVAC installer in Richmond, VA.
The Company installs new HVAC systems for a wide range of clients, including restaurants, gas stations, office, and more. Their primarily focus on general contractors in the RVA area.
The Company's story is one of managed growth. Founded in 2020, even as Covid hit the nation, the Company earned $1.54 million in their first year. Revenue surged 76% in 2021 reaching $2,716,214. It climbed another 64% in 2022 to $4,465,348. The Owners decided to cap annual revenue at $5 million to ensure quality work. In 4 short years, 2020-2023, they reached $4.8 million!
There is incredible growth potential. Their clients beg them to take on more projects. The New Owner can build a project management team that would encourage internal advancement and allow for more projects to run concurrently. Adding an HVAC service center would meet with great success. A service center would even out cash flow between big projects.
The Commercial HVAC company is ripe for profit and growth. They have managed operational costs expertly, boosting their Cash Flow Margin to a projected 26% in 2024.
Don't wait to start the conversation!
Investment H ghl ghts
Asking Price: $4,000,000
- 2023
- $4,810,771 Revenue
- $ 902,656 Seller's Discretionary Earnings
- Included: $141,500 vehicles
- Established: 2020
- Staff: 16, plus 2 owners
- Opportunities for growth
- Build an HVAC service center
- Build out a project management team
- Redesign website
- Bid on more projects
The Company installs new HVAC systems for a wide range of clients, including restaurants, gas stations, office, and more. Their primarily focus on general contractors in the RVA area.
The Company's story is one of managed growth. Founded in 2020, even as Covid hit the nation, the Company earned $1.54 million in their first year. Revenue surged 76% in 2021 reaching $2,716,214. It climbed another 64% in 2022 to $4,465,348. The Owners decided to cap annual revenue at $5 million to ensure quality work. In 4 short years, 2020-2023, they reached $4.8 million!
There is incredible growth potential. Their clients beg them to take on more projects. The New Owner can build a project management team that would encourage internal advancement and allow for more projects to run concurrently. Adding an HVAC service center would meet with great success. A service center would even out cash flow between big projects.
The Commercial HVAC company is ripe for profit and growth. They have managed operational costs expertly, boosting their Cash Flow Margin to a projected 26% in 2024.
Don't wait to start the conversation!
Investment H ghl ghts
Asking Price: $4,000,000
- 2023
- $4,810,771 Revenue
- $ 902,656 Seller's Discretionary Earnings
- Included: $141,500 vehicles
- Established: 2020
- Staff: 16, plus 2 owners
- Opportunities for growth
- Build an HVAC service center
- Build out a project management team
- Redesign website
- Bid on more projects
About the Business
- Years in Operation
- 6
- Employees
- 16
- Facilities & Assets
- Suite C: 2,010 sq. ft. of office space, $1,288/month, month-to-month Suite 3: 2083 sq. ft. of warehouse space, $1,775/month, month-to-month
13 Trucks and two trailers - Market Outlook / Competition
- Always competition but we turn business away and there are numerous ways to double triple this business
- Opportunities for Growth
- The Comnpany is poised for rapid growth. They've been selective, accepting fewer projects to ensure quality with their current staff and resources.
A New Owner has a tremendous opportunity to increase revenue and grow the business.
- Create project management positions. By committing to a middle-management structure, the Company can enhance systems for future growth and maintain the current high standard of work.
- Create a program to help internal candidates develop their careers and advance within the Company.
- Promote the lead service tech
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,100
- Rent
- $3,000.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- Owners Tired have other business interest.
- Transition Support
- As Negotiated and Needed. Owner with relationships will to stay on as a sales person indefinately as needed.
Listing Info
- ID
- 2302795
- Listing Views
- 4389
Listing ID: 2302795 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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