#1508 Profitable & Reputable HVAC Company

Charlotte, NC (Mecklenburg County)

#1508 Profitable & Reputable HVAC Company
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Asking Price: $475,000

Cash Flow: $164,525

Gross Revenue: $1,295,651



Inventory: N/A

Established: N/A

#1508 Profitable & Reputable HVAC Company

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Business Description

This 41-year-old full-service heating and air conditioning company provides inspection, installation, repair, and maintenance for residential and light commercial clients.

Service Breakdown as a % of Revenue:
• 15% Commercial HVAC (repair 5%, service & service contracts 5%, installation 5%)
• 85% Residential HVAC (repair 20%, Service & Service Contracts, 25% installation 45%)
• 50% revenue is negotiated and 50% is bid
• The owner personally generates 5-10% of revenue
• Top five customers approximately 5% total revenue

Company Strengths
• Majority of revenue from ongoing service agreements and referrals
• Highly trained / NATE certified service technicians
• Current Trane award winners
• Quality work at fair market value pricing
• Consistent revenue through the challenging economic downturns
• Established reputation in the Charlotte Metro area
• Strong performance in 2019, which will exceed 2018 revenues and profits based on current activity

Revenue Cash Flow
2018 Revenue $1,295,651** 2018 Cash Flow $164,525**
2017 Revenue $1,248,406 2017 Cash Flow $135,187
*Tax Year: October 1st through September 30th
**2018 Eight (8) months ending June 20, 2019

For more information, contact Josh Stamey at 704-676-4992 or josh@vikingmergers.com.

Detailed Information

Charlotte, NC
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Josh Stamey

Business Listed By:
Josh Stamey

Viking Mergers & Acquisitions

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Sponsoring Broker:
Jay Offerdahl

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