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Profitable HVAC company that also installs geothermal!

Under LOI
Ref: 1806 Agent: Gary Rayberg
  • Revenue $3,000,000
  • Profits $535,000

This company has rapidly rising profits which the Seller says are sustainable due to a new pricing structure. Up 194% as of mid year! With 68% service and replacement and 32% remodeling/construction this company has an ideal mix of business. 2% is commercial and the balance is residential of multiple types. Geothermal makes ups 14% of the business and is a profitable area for further expansion. The staff is experienced and all licenses need to run the company are in place with current employees. This is a perfect add on for a synergistic or strategic buyer. Owner will assist for a smooth transition.

Financial Information:
Yearly Gross: $3,000,000
Cash Flow / SDE: $535,000 (2023)
Assets / FFE: included
Inventory: 100,000 (included)
Real Estate: $NA
Lease: $1800 per month includes utilities
Financing: Pending SBA Pre-Screen
Asking: $ Offers!!!!