HVAC Company Offers Residential and Commercial Services
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Asking Price
$1,495,000
Detailed Information
Charlotte, North Carolina, US
Not Provided
NA
Business Description
This Charlotte-based HVAC company, valued at $3 million, caters to a diverse range of customers. Their services include residential change-outs, repairs, and maintenance (27%), commercial new construction and refits (50%), and commercial service which is experiencing rapid growth (23%). While the company occasionally works on custom residential projects, the majority of their focus is on commercial services. The business, consisting of 21 employees, has achieved over 30% growth annually in the last three years and presents potential for further expansion under a more aggressive owner. The company operates with efficiency and has significant growth potential, with the current owner choosing to avoid large-scale projects. The retiring owner is open to assisting the buyer during a transition period. The office and shop space, spanning 2,000 square feet, is available for lease or purchase. A new owner with ample resources could capitalize on additional opportunities and larger projects that the current owner has been hesitant to pursue. By acquiring this established business, a potential buyer can