Profitable Residential HVAC Company

Utah County, Utah, United States

Asking Price$3.50m

Revenue$3.17m

EBITDA-

Cash Flow$635k

Description

The Company provides residential and commercial heating and cooling solutions throughout Utah and Salt Lake counties. Founded in the early 2000's, the Company has developed a reputation for honestly and high-quality service at fair prices. Approximately 90% of revenue in 2021 is attributed to residential install and service with the remaining 10% attributed to commercial/new construction. The business has been setup to run itself with critical operating duties shared with various key employees who are expected to stay with the company post-acquisition. The Company has steadily grown revenues year over year and is expected to reach new targets in 2022 and 2023. The Company is run by skilled operators as evidenced by consistent Gross and EBITDA margins over the previous years averaging 44.5% and 20%, respectively. This is an excellent opportunity for new entrants in the residential HVAC space or for existing providers to grow their footprint.

Real Estate

Leased

Furniture Fixtures & Equipment

$428k

Inventory

$106kIncluded in Asking Price

Business is

Absentee Owner

Number of EmployeesFull-Time: 16

Year Established

2006

Reason Selling

Change of Lifestyle.

Facilities & Assets

Leased space.

Support & Training

Will train for 3 weeks @ $0 cost.

Market & Competition

Fragmented industry, competitive.

Asking Price$3.50m

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.