Retirement – HVAC & Mechanical Business for Sale
Listed by N3 Business AdvisorsVerified broker
• Well-managed and profitable HVAC & Mechanical services business with a strong operating history spanning over 100 years. • Primarily serves the residential market, with diversified revenue streams from new installations, service contracts, parts sales, and repairs. • Recognized as a trusted, go-to service provider for Heating, Air Conditioning, Indoor Air Quality products, Duct Cleaning, and Fireplace services. • Demonstrates a consistent multi-year track record of profitability, with average annual revenues exceeding $1.2M and average discretionary earnings of approximately $385K over the past four fiscal years. • Benefits from long-standing relationships with reputable suppliers, developed and maintained over many years. • Loyal and well-serviced customer base with more than 15,000 contacts, driving strong repeat and referral business. • Diversified client base with no single customer accounting for a significant portion of annual revenues. • Strong online presence, supported by positive reviews and ratings on third-party platforms such as HomeStars and Google. • Asking price includes tangible assets and miscellaneous inventory valued at approximately $141K. • Operates with a lean, non-unionized team of 4 employees (3 full-time, 1 part-time), including the owner. • Owner plays a key role in overseeing operations, sales, service delivery, estimating, project management, and staff supervision. • Operates from an easily accessible, leased facility in a high-traffic commercial location. • Significant growth potential through the addition of personnel (sales, service, estimating, and project management) and the implementation of more proactive marketing initiatives. • Ownership has been in place for over 25 years; sellers are now planning retirement and are offering the business for sale. • Sellers are willing to remain involved for a negotiable transition period to support continuity and knowledge transfer.