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Charlotte Regional HVAC Company with Recurring Revenue and Real Estate

Lincoln County, NC, USA
Updated 1 day ago
Established 1981

Presented for sale is a well run, profitable HVAC Company with Commercial Real Estate, a growing Recurring Revenue base, and fully staffed Team. Situated in a growing bedroom community of the Charlotte Metro Region and close to popular waterfront attractions and rapidly expanding commercial development, this business prides itself on being able to fix what others say needs to be replaced and as a result of their commitment to customer care & comfort is the longest running HVAC company in the County! The business is being offered up for sale with all assets, fixtures, inventory, vehicles, and equipment along with the building and land where the company has called their Headquarters for more than 40 years. Thanks to the infrastructure set in place by the current ownership group this business will be appealing to any number of buyers - be it a passive owner who is able to employ the appropriate Leadership, an existing HVAC business looking to expand their reach, or an owner/operator taking the leap of going into business for themselves. Serving both Residential as well as Commercial customers this business is currently driving much of its revenue through repeat customers and word of mouth referrals; however there is no shortage of growth possibilities with this opportunity. The current owners are ready for their next chapter (Retirement!) and are excited about the future of the business in the right hands. They are open to an appropriate transition plan and willing to consider Seller Financing as a component of the right transaction.

Inventory

$20,000

Internal Id

8082012

Real Estate

$450,000

Inventory Included

Yes

Number Of Employees

8

Real Estate Included

Yes

Reason for Selling

Pursuing other interests

Financials

Asking Price
$875K
RevenueMost Recent Year
$875K
Earnings (SDE)Last Reported
$156K
Assets ValueIncluded in Asking Price
$124K
Seller Financing
Not available

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