Hot Listing

HVAC/R CONTRACTOR – Commercial (Restaurants & Retail)

Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Commercial HVACSave
Hot Listing

HVAC/R CONTRACTOR – Commercial (Restaurants & Retail)


Asking Price$2,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
The Company is a privately-owned HVAC and refrigeration contractor
serving the Southeast, US region. The Company specializes in commercial
installation projects (67% of 2022 revenue), specifically restaurants (53% of
2022 revenue) and retail (30%), and also a smaller number of residential
installation projects (10%) in addition to service work (23%), and has a
stellar reputation boasting a 72% rate of repeat business from its clients.
The Company operates from a 2,500 square foot, third-party leased
office and shop located near several highways for ease of access to and
from the facility and the vehicles, machinery, trailers, and equipment
support the revenue growth projected during the pro forma period.
About the Business
Years in Operation
19
Number of Employees
15
Currently Relocatable
Yes
Market Outlook / Competition
Superior Name and Reputation: The Company enjoys a long-standing
reputation for the quality of its services, expertise, dependability, and
superior customer support. The Company’s reputation in the industry is
the result of conducting business with a philosophy that is supported
by professionals, principles, values, and ethics. As a result, the majority
of its business is from repeat business and referrals.

• Strong Client Relationships: The Company is proud of its strong ties to
clients and its reputation for quality work and client service. Ev
Opportunities for Growth
Strong Historical Sales Growth: Historical sales have grown from
$1,661,000 in 2020 to $2,505,000 in 2022, representing a compound
annual growth rate of 22.8%. Sales have grown consistently year over
year in the historical period.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retiring
Transition Support
Decreasing Operating Expenses: Adjusted operating expenses have
been trending lower, decreasing as a percent of sales from 66.8% in
2020 to 42.1% in 2022. Effective management of operating expenses
led to greater profitability over the historical period.
Listing Info
ID
2265214
Listing Views
2545

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Business Listed by: Chad Connery Peak Business Advising, LLC

Listing ID: 2265214 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.