Specialized HVAC Business with Over 40 Years of Success for Sale

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30597314
Property Subtypes: Building and Construction Services
Status: Pending/Contingent
Building Size (RSF): 1,200 SF
Sale Price: $1,200,000
Gross Revenue: $2,150,000 (Annual)
Cash Flow: $598,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: $1.2 Million includes all Furniture, Fixtures and Equipment and other related business assets and goodwill.
Last Updated: 8/23/2021

Overview / Comments

Exciting opportunity to acquire a leader in its' industry for over 40 years.  The Company is in the HVAC space and focused on the commercial market.  This is a business that has a very high barrier of entry and the Company has a large number of jobs in the pipeline.  The Company does work throughout New England and is based in Southern New Hampshire.  The Company has a great reputation, strong referral business and tenured staff.

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Additional Details

Industry Segment: Construction Sub-Contractors
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $316,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The Company is based in a location nearby major highways with plenty of parking.  The space is leased and consists of approximately 1,200 SF of leased office space.
Employee/Labor Description: Tenured staff in place - certified technicians and office staff.
Mgmt/Training Support Description: Seller is willing to assist in support and training.
Competition/Market Description: There are a number of smaller companies in this space and a few similar in size.  The Company is able to bid and successfully complete large and small projects throughout New England.  The smaller competitors are unable to handle the large jobs due to number of technicians on staff.
Growth/Expansion Opportunities: The Company has had steady growth over the past 5 years and is highly profitable.  The Company could expand into additional geographic markets but would need to invest in more personnel.  The Company could also offer additional services to their current clients.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771
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