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Established And Well-known Hvac Service Business For Sale

Fredericksburg, Virginia, US
Asking Price:
$150,000 Furniture / Fixtures included
Sales Revenue:
$361,601
Cash Flow:
$70,890

Excellent opportunity to own an established business that provides heating and air conditioning installation, maintenance, and repair services. The company has been established for over 40 years and serves customers in the greater Fredericksburg area to include Stafford, Spotsylvania, Culpeper, King George, Caroline & Louisa counties. They offer a wide range of services, performed by professionally-trained and certified technicians and designed to meet every customers’ home comfort needs exactly. The owner takes pride in building long standing relationships and consistently delivering a high level of service.

This business would make an ideal acquisition target for an established business looking to expand their footprint, but would also be an attractive turnkey opportunity for an owner/operator. There is a loyal and reliable customer base with many long standing accounts. Over the past 3 years there have been approx. 587 clients served. In 2023 there were approx. 241 clients under an annual maintenance contract that generated approx. $37,000 in revenue with nearly 55% of them receiving some additional services like filters, capacitors, contractors, and refrigerant, or more in-depth repair or replacement work. The company has a great reputation with most of their business coming from word of mouth and referrals. The business reputation is backed up by numerous excellent reviews on a number of popular online platforms.

The owner is looking to retire after a successful tenure of ownership and wants to ensure the business is in good hands moving forward. The business has seen consistent performance in recent years and has a long history in the market. The Real Estate that the business operates out of is owned by the seller and is available for sale at a price to be determined in addition to the business purchase if the buyer is in need otherwise they can move the business an operate it out of a home office or a small office space. We don’t expect this opportunity to last long, so contact us today to learn more!

Property Information

Real Estate:

Real Property Included

Location:

The business is operated from a warehouse that is owned by the seller, but the business can be home based or operated from a small office (in which we estimated an annual cost of approx. $12k/yr). The Real Estate that is owned by the seller will be available for sale at a price to be determined.

Business Operation

Expansion Potential:

There is room to grow and expand the business through increased marketing and advertising as much of the new business is generated through referrals and word of mouth. A new owner could also bring on new employees to take on more business and expand the current service area. The greater Fredericksburg area continues to grow as well so there are strong demographics to support a business in this industry.

Competition / Market:

There is standard competition for the industry and market, but this business has been established for over 40 years and has an excellent reputation in the area. There have been nearly 7,000 customers served going back to the 1990s and an experienced team in place.

Reasons for selling:

Owner is retiring.

Employees:
2
Years established:
42

Other Information

Support & training:

Seller will provide necessary training and support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Available depending on the final purchase price, terms and qualifications of the buyer.

Furniture / Fixtures value:
$31,000 - included in the asking price
Inventory / Stock value:
$35,000