Profitable Commercial HVAC & Refrigeration - Cape Cod & Plymouth

$428K SDE, 39 Annual Commercial Accounts, Owners Retiring

Furniture, Fixtures, & Equipment (FF&E):

$74,000
Included in asking price

Employees:

2 Full-time

Facilities:

The business rents workshop and parking space owned by the sellers. The property is not included in the sale, but the sellers are open to discussing a separate lease or sale. The business does not depend on the space. Work is performed at customer sites, and the physical footprint is a stocked service truck.

Included in the sale:
- 2021 Ford F-450 service truck with utility body and liftgate (approx. $52,000)
- Specialty tools and equipment (approx. $22,000)
- Customer relationships and records, vendor pricing relationships, company name, phone numbers, online presence, and goodwill

Inventory of approximately $20,000 is purchased separately at cost. Cash, receivables, and the owners' personal vehicles are excluded.

An operator with an existing shop can relocate the business at closing. An individual buyer needs only a small industrial bay or storage unit.
(Home Based)

Competition:

The business serves commercial customers across Cape Cod and the South Shore, where refrigeration and HVAC service is non-discretionary. A restaurant or grocer with a failed walk-in cooler in peak season calls the contractor it trusts rather than collecting quotes. Work runs year-round. Cooling and refrigeration peak in summer, heating and oil-burner service carry the winter, and equipment replacements are scheduled in the shoulder months. Ownership reports the region's year-round population has grown since 2020. Licensed commercial refrigeration technicians are scarce in the region, which limits competition and supports retention. In 2025 the company lost a larger account that moved its work in-house and still grew revenue 56%. The company competes on responsiveness: 24/7 emergency service, same-day response to refrigeration calls, and in-house handling of incentive and warranty paperwork.

Growth & Expansion:

The business has grown with no sales function, no paid marketing, and one truck. A new owner has several ready levers:

- Maintenance agreements: 39 commercial customers are serviced every year, mostly without contracts. Converting them adds recurring revenue with no new customer acquisition.
- Second technician and truck: one person currently does all technical work. A second tech roughly doubles service capacity.
- Installations: 2025 showed strong install demand from the existing base.
- After-hours pricing: emergency calls are billed at standard rates today.
- Mass Save: actively market heat-pump and efficiency retrofits.
- Municipal work: an operator with bonding capacity can bid on contracts in other towns.
- Software: dispatch and field-service tools would add efficiency and reporting.

Support & Training:

The owner will provide a structured transition of three months, or longer if needed. This includes personal introductions to key customers and contract sites, a handover of vendor relationships and pricing, and a walkthrough of systems and service history.

The co-owner who runs the office will hand over scheduling, parts ordering, customer records, bookkeeping, and the warranty and Mass Save incentive processes during the same period.

After the initial transition, phone support and site availability are offered on terms to be agreed. For a credentialed buyer, the owner will also walk through the municipal bidding process.

Note: the business operates under the owner's personal Massachusetts Refrigeration Technician license, which does not transfer. The buyer, or someone the buyer employs, must hold this license.

Reason for Selling:

Owner is Retiring

Home-Based:

This business is currently Home-Based

Location:

Sandwich, MA