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Profitable Established Residential HVAC Company – 10 W2 Employees For Sale

Shelby, North Carolina, US
Asking Price:
$650,000
Sales Revenue:
$2,213,000
Cash Flow:
$170,000

Profitable, owner-operated residential HVAC company that has served the western edge of the Charlotte region for nearly 27 years. Since 1998 the business has built a 4.5-star reputation and a loyal base of repeat and referral customers, with most new work coming through word of mouth rather than paid advertising.

The company runs roughly $2.2M in annual revenue at a healthy ~37% gross margin. Revenue is led by system installation and replacement (about 76% of the mix), with additional income from repair and diagnostic service, semi-annual maintenance agreements, gas-line and mini-split work, and after-hours emergency calls. Demand is essential and non-discretionary: as the regional housing stock ages, replacement and repair needs recur regardless of the broader economy.

A tenured team of 10 W-2 employees runs day-to-day operations, with company benefits and an employer retirement match. The business holds mechanical contractor licenses in both North Carolina and South Carolina and covers a four-county NC footprint plus an adjacent SC county. In a trade where skilled, licensed labor is the hardest thing to find, the crew is a real strategic asset.

The founder is retiring after nearly three decades and is committed to a multi-year transition to transfer customer relationships, the master license, and operating knowledge. Seller financing is available to bridge value and support a smooth handoff.

This is a strong fit for a regional HVAC platform, a PE-backed roll-up looking for a Carolinas foothold, or an experienced operator or search-fund buyer ready to step into an established, cash-flowing book of business.

A signed NDA is required to receive the Confidential Information Memorandum.

Property Information

Real Estate:

Lease

Lease Terms:

Owner will lease building. May be made available for sale.

Location:

Western North Carolina, Greater Charlotte region. Leased. Owner-occupied facility on 2 acres (office + warehouse), available to the buyer under a long-term NNN lease. Not included in the asking price.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Expand the recurring maintenance-agreement base, add paid lead generation (currently minimal), grow light-commercial work, and add a second install crew to capture unmet demand.

Competition / Market:

Needs-based replacement demand from aging housing stock; lead flow driven by reputation, repeat customers, and referrals.

Reasons for selling:

Retiring after 27 years

Employees:
10
Years established:
1998

Other Information

Support & training:

6-12+ month transition, including license handoff and customer continuity.

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