Commercial HVAC Business for Sale with Reoccurring Maintenance Revenue (#1594)

This 24 year-old HVAC business in the Charlotte area has a strong reputation and specializes in installation, maintenance, service and repair for commercial, commercial refrigeration and residential customers.

Breakdown of services: 70% Commercial HVAC, 15% Commercial Refrigeration, 10% Residential HVAC, 5% Duct Cleaning Services

Overview

• Clients include property management firms, medical facilities, pharmaceutical companies, churches and retail
• Four county service area includes upper South Carolina and Charlotte Metro area
• Their top five customers represent less than 10% of their top line revenue
• Significant growth opportunity with commercial refrigeration
• Technicians & installers are cross-trained, allowing the company to perform multiple projects simultaneously
• General Manager in place with 13+ years tenure
• Company offers a design build component and operate their own fabrication shop