• High growth market
• Recession proof industry
• Motivated seller
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. This opportunity will not last long.
Well located commercial building constructed in 2014 specifically for this business. Total square feet of footprint of warehouse building is approximately 6,450 sq ft. This includes a warehouse and two levels of office space totaling approximately 1,350 square feet (two offices upstairs and an office and small showroom downstairs). Warehouse has plenty of room for fabrication, storage, staging etc.
The demand for HVAC service work and new installs is expected to continue to grow steadily. A well managed crew with a good reputation can capture a significant portion of the growing market. New home builds could be another market segment to tap into.
The industry is very competitive for hiring and keeping skilled HVAC labor. Generally, there is more work than can be handled by current HVAC providers in the area.
Will train for 4 weeks @ no cost. HVAC experience a must.