HVAC BusinessesRhode Island

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Long Established HVAC Company with 50% plus Service and Repeat ClientsHVAC Company. 50% Service and replacement business!
$2,625,000Cash Flow: $1,011,334Seller Financing
Long Established HVAC Company with 50% plus Service and Repeat ClientsHVAC Company. 50% Service and replacement business!

Providence County, RI

Sales are up over 2017 numbers with millions of dollars still in backlog! The company’s reputation generates more work than they can accept. The seller wants to semi retire, but will stay on as needed to aid transition or will consider a full time job in design or sales. This will make a smooth transition of ownership with customers and employees even easier! This HVAC company serves commercial clients with much repeat business. The company works in MA, NH, RI and CT. The company’s business breaks down approximately as follows; 50% service and retrofits and 50% new installations. This mix of business provides a hedge against economic downturns. Many clients are well known, national corporations. The company has good management and systems in place and could be purchased and managed by someone from outside the industry. This acquisition should qualify for SBA backed bank financing. The headquarters is in first class office space which completes the picture for this well managed enterprise. A third party certified business valuation is available to qualified buyers. Owner is selling at a discount from the current valuation! This should result in an even smoother transition. Ask us for referrals to lenders who will have a strong interest in financing this project. Seller is motivated! Long term lease available.

HVAC Expansion Opportunity
$2,150,000Cash Flow: $490,000Seller Financing
HVAC Expansion Opportunity

Providence, RI

Strategic opportunity for an established HVAC company to expand operations into the Rhode Island market. Capitalizing on licensure and deep connections to key developers in the multi-unit space, commercial construction and high-end residential, the Company has benefited from responsible accounting and steady leadership with $2.75m+ in sales. The Company seeks to expand by being absorbed by a larger company to take advantage of RI expanding economy and the ability to sell much more than can currently install. Seasoned crew of technicians with over ten individuals holding licenses. Expansion into service. Hi growth company with over a million dollars in contracted work yet to be installed. Initial 5 Year Lease term included in current sale price. Can be separated out to lower basis. Detailed business description and financial information available after signing non-disclosure agreement.

Growing Heating & Plumbing Co. #19813
$750,000Cash Flow: $334,434
Growing Heating & Plumbing Co. #19813

RI

This well established and growing heating & plumbing contractor has been serving residential and commercial customers for almost 30 years. The company has a strong reputation for providing quality work at affordable prices. The company is on a growth trend increasing sales from 2013 – 2017 by over 30%.


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