Listing Title: Well-Established And Reputable Residential HVAC Business
Location: Southeast Michigan
Industry: HVAC Business
Listing ID: MI102322
Listing Status: Sold
Located in the highly desirable area of Southeast Michigan, this business has enjoyed a incredible journey. The owner is now ready to retire and looking for the right successor to take over and continue his legacy.
With a remarkable track record, the company has cultivated a dedicated base of repeat residential customers who not only provide ongoing business, but also serve as valuable referral sources. The business encompasses a wide range of services including the installation and servicing of furnaces, air conditioners, water heaters, mini-splits, and various indoor air quality products, all of which are complimented with an annual service membership. Furthermore, the company has expertise in new custom-built construction with very healthy profit margins. The firm's reputation for exceptional service and top-notch workmanship is evident in its 5-star customer service ratings, a growing number of repeat customers, and consistent year-over-year sales growth.
The company has a crew of 5 experienced, highly trained, competitively compensated, non-union technicians, most having been with the business for several years. The technicians are regarded as knowledgeable, dependable, and friendly. The owner handles most of the estimates, training along with the lead technician along with training provided by local supply houses. The general manager handles the front office administration and scheduling. Both the owner and general manager have been slowly decreasing their roles in the day-to-day operations and are agreeable to stay on to help the new owner with transition.
The company invested heavily in technology resulting in an excellent website and top-of-the-line technology and automation allowing for greater efficiency, payment processing, and scheduling. Equipment and vehicles are late model and in excellent working order maintained professionally.
If you are searching for a successful well-established business located in a growing and desirable region, this business represents an exceptional opportunity. A mechanical license or an ability to obtain one is required for this transaction. All buyers must sign the NDA and provide proof of financial capability to proceed.
Total Sales: $1,123,833
Cash Flow: $173,451