Business Description
Fantastic opportunity in East TN. Extremely long term HVAC company (45yrs) that is 80% residential and 20% light commercial. There is no new construction. The company focuses on change-outs and service. Flat rate pricing is in place for residential services. They have maintenance relationships with multiple commercial partners. Their payroll is handled internally, and the CRM's used are Excel & Quickbooks. Although the company increased revenue in 2024 while decreasing salaries and wages, there are a lot of areas to streamline this business, reduce operating costs and increase revenue.
Real Estate:
Building is Owned: (potentially for sale)
Proposed Lease: $4,000 per month
Included in Asking Price:
Furniture Fixtures & Equipment: $200k
Inventory: $35k
Number of Employees:
Full-Time: 12
Reason For Selling:
Semi Retirement
Support & Training:
Owner is willing to remain on for 12+ months.
Market & Competition:
HVAC industry is full of competition, however companies who take care of their customers remain busy year-round. 45yrs in business and increased revenue says a lot.