Very high margins with planned maintenance agreements
This business was founded in 1987 by the current owner and is one of the top rated and most trusted businesses in its area, for all residential and commercial refrigeration and HVAC needs. Maintenance and repair work generate the majority of the business’s revenue.
Facilities: The property is owned by the owner and is available for a lease-back for about $4.5k / month. The location consists of a 4,050 sq ft upstairs and downstairs office / storage. There are mezzanines for added stock storage, and a fully furnished and functional front office.
Competition: While there are other HVAC and refrigeration businesses in the area this business has established itself as a lead provider of fast, top-notch service in the area. Customers know that they can rely on this business to be there when they need them the most. They are able to charge a higher price for their work than their competition because it is considered such high quality.
Growth & Expansion: There is opportunity to hire more technicians and expand the business’s geographic area of service. Currently the business focuses primarily on servicing customers in its area.
Support & Training: The owner is willing to accommodate a standard 30 – 90-day transition period.
Reason for Selling: The owner is looking to retire and spend more time with their family.
