Proven Profitable HVAC Business

Price: N/A

Location: Greater Cincinnati Area

Industry: HVAC Business

Listing ID: 009132401.1

Listing Status: Sold

Description

This HVAC Contractor serves the Greater Cincinnati market and is renowned for its comprehensive range of HVAC services, including the installation, repair, and maintenance of heating, cooling, and refrigeration systems in residential, commercial and industrial settings. This HVAC Contractor has distinguished itself by providing high-quality, reliable, and affordable solutions tailored to meet the diverse needs of its clientele.
The company attributes its success to its highly knowledgeable staff who work closely with customers to ensure outstanding results. This commitment to excellence is reflected in the strong, lasting relationships built with clients over the years.
Key Strengths or Product Focus:
 Very simple, proven profitable business with tremendous upside potential
 Established reputation includes strong, trusting relationships with consumers, general contractors, and local municipalities.
 16+ Full-time employees
 Well established list of repeat clientele
 Financially stable
 In-house training available

LISTING DETAILS

Cash Flow: $1,018,000

EBITDA: $10,180,000

FFE: $266,496

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Operation

Year Established: 2011

Employees: 18

Location

Real Estate Included: No

Summary

Reason For Sale:

Retirement

Training & Support:

Seller willing to transition for up to 12 months with agreed compensation

Competition:

The top three competitors in the region are as follows, all of which have more technicians than this HVAC Contractor, but also have higher overhead costs.  Competitor #1 (Large firm, owned by consolidator)  Competitor #2 (Medium firm, with high overhead costs)  Competitor #3 (Small firm, with two locations and high overhead costs)

Potential Growth:

The company is securely poised for growth but would benefit from a targeted sales and marketing strategy. Below are some opportunities for growth and expansion:
 Increase Residential Business (Improved Cash Flow) – Currently, this HVAC Contractor handles 80% Commercial/Industrial and 20% Residential work. Increasing residential work will improve overall cashflow.
 Additional talent recruiting

Financing/Terms:

Pre-Qualified for SBA 7a Loan Program

Mike Lohbeck, CBI

Mike Lohbeck, CBI