Excellent opportunity to own an established business that provides heating and air conditioning installation, maintenance, and repair services. The business also installs and repairs all brands of water heaters. The company was established in 1993 and serves clients across Northern Virginia. The owner takes pride in building long standing relationships with customers and consistently delivering a high level of service.
This business would make an ideal acquisition target for an established business looking to expand their footprint, but would also be an attractive turnkey opportunity for an owner/operator. There is a loyal and reliable customer base with many long standing accounts. The company has a great reputation with most of their business coming from word of mouth and referrals. The business reputation is bolstered by excellent reviews on a number of popular online platforms.
The owner is looking to retire after founding and running the business for nearly 30 years, but wants to ensure the business is in good hands moving forward. There is a record of stable revenue and cash flow growth over the past several years. The business performance did not suffer much due to the pandemic and actually showed a year over year increase in cash flow in 2020 versus the previous year. We don’t expect this opportunity to last long, so contact us today to learn more!
The business is based and run from a home office.
There are several ways to grow and expand the business. The first would be to add new employees to perform more service calls and/or expand the service area. A new owner might want to adopt a marketing/advertising plan to acquire new customers and create awareness about the business.
There is standard competition for the industry and market, but this business has an established track record with many long-standing clients and accounts. The business is situated in a wealthy and growing part of Northern Virginia with many individuals and businesses who are in need of HVAC services.
Owner is retiring.
Seller will provide necessary training and support.