HVAC Business, Established & Cash Flowing

Executive Summary

The Company is a privately-owned HVAC and refrigeration contractor
serving the Southeast, US region. The Company specializes in commercial
installation projects (67% of 2022 revenue), specifically restaurants (53% of
2022 revenue) and retail (30%), and also a smaller number of residential
installation projects (10%) in addition to service work (23%), and has a
stellar reputation boasting a 72% rate of repeat business from its clients.
The Company operates from a 2,500 square foot, third-party leased
office and shop located near several highways for ease of access to and
from the facility and the vehicles, machinery, trailers, and equipment
support the revenue growth projected during the pro forma period.
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‍Location: Davidson County, TN
‍Inventory: Included in asking price
‍Real Estate: Lease‍
‍Employees: 15
‍Competition:
‍Superior Name and Reputation: The Company enjoys a long-standing reputation for the quality of its services, expertise, dependability, and superior customer support. The Company’s reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principles, values, and ethics. As a result, the majority of its business is from repeat business and referrals.
‍Strong Historical Sales Growth: Historical sales have grown from $1,661,000 in 2020 to $2,505,000 in 2022, representing a compound annual growth rate of 22.8%. Sales have grown consistently year over year in the historical period.
‍Support & Training:
‍Decreasing Operating Expenses: Adjusted operating expenses have been trending lower, decreasing as a percent of sales from 66.8% in 2020 to 42.1% in 2022. Effective management of operating expenses led to greater profitability over the historical period.
Reason For Selling: Retirement

Listing ID: 9118