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HVAC Company – Sold

Price: $1,200,000

Annual Revenue: $2,300,000

Net Cash Flow: $486,000

Industry: Construction, HVAC

Location: Finger Lakes Region, New York

This company has been sold. Please view our Construction Businesses for sale.

This HVAC contractor is well established and has a loyal following in the market place. Having served in the current market for over 20 years they are well known and respected in the area. The company offers residential and light commercial installation, maintenance and repair for Air Conditioning and Heating. There is a solid mix of new installation, service contracts, emergency and routine repair to an extensive list of loyal clients in the market. 

Staffing: Owner operates in both a General Manager and Sales Capacity. Office is fully staffed and runs day to day operations. Field staff, technicians and installers are well trained and sufficient to cover market served. 

Real Estate: Owner owned and available. Owner will either structure a long term favorable fair market lease or sell the property as a package deal. Estimated value of Real Estate is $300,000. Package deal valued at $1,500,000. RE additional at $300,000 to the above price of $1,200,000.

Growth: Additional technicians, expanding the geographic market served 

Equipment/Inventory: Inventory, tools and trucks – Estimated fair market value $150,000

Reason for Sale: Retirement

Financing: Available – SBA Eligible with 10-20% down

Transition: Ideal individual will have an HVAC background. Owner will remain for period TBD to ensure smooth transition.

Contact us to help you sell your construction business in New York.

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