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Heating Air Conditioning Company Near Richmond Virginia For Sale

Richmond, Virginia, US
Asking Price:
$390,000 Furniture / Fixtures included
Sales Revenue:
$800,000
Cash Flow:
$160,000

Light & Raphael is pleased to offer an established heating and air conditioning company for sale near Richmond, Virginia.

This HVAC business has built a solid reputation in the community for being efficient and reliable. The owner set a standard day one and has adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula.

Revenues for this very profitable HVAC company are 80-85% from the residential replacement, service and maintenance market. There are roughly 500 preventative maintenance contracts and a 1,700+ active customer base. The sale will include vehicles worth about $80,0000. Inventory is available at cost for an additional $200,000.

The company does no advertising but benefits from its strong reputation and recurring clients. The firm would benefit from a multi-faceted marketing campaign. The website, social media presence and advertising could all be upgraded.

Property Information

Real Estate:

Lease

Leasehold Rent:

$6,000 per annum

Location:

Location is leased.

Business Operation

Expansion Potential:

The United States HVAC services market was valued at $11.45 billion in 2020, and it is expected to reach $16.56 billion by 2026, registering a CAGR of 6.4%, during the period of 2021-2026. The United States ranks high when it comes to HVAC systems. For instance, in the United States, more than 90% of households have air conditioning equipment, compared to just 8% of the 2.8 billion people living in the hottest parts of the world. The growing use of air conditioners in homes and offices around the U.S. will be one of the top drivers stressing the need for the HVAC services in the region.

Reasons for selling:

Owner wishes to retire

Employees:
5
Years established:
1990

Other Information

Support & training:

Seller will provide support and training following the sale.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$80,000 - included in the asking price
Inventory / Stock value:
$200,000
Relocatable:
This business can be relocated.

Contact Light & Raphael, LLC

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