Construction / Contractor A/C & Heating, Construction / Construction-HVAC
HVAC service and sales is a $170 billion industry. With the home-owner being the primary client, as long as there are people living in the area, there will be local demand for this service.
This HVAC business focuses on replacement and service, with very little new construction, making it a recession proof business. The current split is about 75% residential and 25% commercial. A 7,000 client list, service contracts,and well-known name provide a steady stream of work.
The seller is highly motivated! They are currently understaffed. Because they are currently turning away work, a fast sale benefits the seller and buyer. For a fast sale, the seller would consider staying on as a service tech while new owner rebuilds staff, or any other deal structure that benefits the buyer. Historically consistent cashflow of $150-$200k, 2018 is down because of staffing, but still on track to net close to $100k. This opportunity will not last long.