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Commercial HVAC Spin-Off w/Recurring Revenue

Charlotte, NC, USA
Updated just now
Established 2020

In 2020, a company providing broad-scale property services, added a small HVAC team to their service portfolio. The HVAC division specializes in preventative maintenance plans, routine service, replacements, and new installations. Its model combines service-based contracts across B2B and B2C segments, primarily servicing commercial accounts through recurring maintenance agreements. Operating in the greater Charlottea area, it is positioned as a reliable partner focused on long-term client relationships and repeat business. The larger service company has decided to sell their HVAC division so they can focus on their core portfolio of services. The division includes the personnel, equipment, and book of business that could be easily absorbed by another organization or used as the basis for a new business. Highlights ● Experienced Team: A skilled team of three technicians and one dispatcher, supporting a focused commercial HVAC service offering primarily to recurring maintenance customers. ● Strong Customer Base: Recurring contracts and steady client relationships, supported by a high level of customer referrals and word-of-mouth driving new business. ● Growth Ready: Opportunities to enhance sales of preventative maintenance agreements, which can expand repair, replacement, and installation business streams.

Inventory

$1,000

Internal Id

10041

Inventory Included

Yes

Support & Training

The seller will provide sufficient assistance to ensure a smooth transition to a new operator.

Facilities & Assets

Presently the team uses the facilities of the larger service corporation. Relocation to a small warehouse, mini-storage, or even a home-based operation is required.

Reason for Selling

Focusing on core service offering.

Financials

Asking Price
$500K
RevenueMost Recent Year
$617K
Earnings (SDE)Last Reported
$210K
Assets ValueIncluded in Asking Price
$60K
Seller Financing
Not available

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