Ad ID: 1499692
Type: Established business
Included in the Asking Price:
Furniture, Fixtures & Equipment: $25,000
Cash Flow: $60,851
This company has been installing and servicing residential and commercial heating and air conditioning equipment for nearly 30 years and is one of the leading HVAC contractors in the Reno/Sparks area. They offer professional installation, repair, and maintenance of all major brands and set the standard in Northern Nevada for professionalism and quality. The business advertises very little as growth through referrals is strong. An excellent benefit to owning this business is the recurring revenue. Many businesses are required by law to routinely inspect, maintain, service, and repair HVAC systems throughout the year. Clients simply schedule recurring appointments year after year, resulting in easy, recurring sales. The company also offers annual maintenance programs for residential customers. Clients are diversified, so there is no threat to the business if a particular client is lost. Systems are in place for this business to expand. A motivated Buyer could easily capitalize on growth opportunities and expand the company rapidly, or simply step in an immediately enjoy continued growth and profitability. This is a fantastic opportunity for a Buyer experienced in overseeing operations to make a great living. Owner of this company must have an HVAC Contractor’s License, or have someone on staff with this license.
Year Established: 1996
Facilities (Home Based): Sellers work from their home offices. Low overhead allows for competitive pricing.
Competition: This company has competitive pricing, a great reputation, and little competition. Excellent reviews on Home Advisor and Angie’s List. They nearly doubled sales from 2016 to 2017. The region is undergoing rapid growth, and systems are already in place for this firm to handle large sales increases.
Growth and Expansion: Substantial growth could be achieved by marketing to the influx of new residents and businesses to the area. Establishing connections with property managers (rental properties, office buildings, light commercial) is key to expanding this business. Increasing and enhancing a web presence would increase visibility on the Internet. There is plenty of room to continue year-over-year growth just by running the operation as it is currently running.
About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 2 weeks.
Reason Selling: New pursuits