This 20 year old highly stabled and family owned HVAC & Electrical Contracting Company for sale is located in the Charlotte metro area. Averaging approximately $900,000 in revenues the past 2 1/2 years with a cash flow of $250,000. Most of the employees have been with the company for at least 6-13 years.
The husband/wife owners have been in the industry for 31 years. The company has a database of 2000 customers with 240 renewable service contracts. The company does 90% residential service and change outs (retrofitting) and 10% commercial.
The company has a 5 year renewable lease on 4,000 square feet that is well below the market value for the Charlotte area. Included in the asking price of $649,000 are assets worth around $77,000 and an inventory of $10,000.
When the business sells, the owners are moving back to Texas to be with family. The husband/wife owners will provide a 3 month transition period and will consider some seller financing.
The company has been run with the highest integrity by the owners and employees. This is an excellent investment opportunity in the HVAC and Electrical Contracting industry!