Market Leading Commercial & Residential HVAC Contractor #2030

List Price:
Market Price
Revenue:
$17,862,185
EBITDA:
$1,411,093
Region:
North Carolina
Location:
North Carolina

Overview:

This North Carolina based company is one of the largest HVAC contractors serving a fast- growing region that includes the Charlotte, NC metro and the Greenville-Spartanburg area of South Carolina’s booming Upstate region.

Centrally located to serve these and other growing markets, this twenty-nine-year-old company employees 55 direct labor team members and 21 support team members making it one of the leading employers of choice for HVAC talent.

With 20 dedicated two-person teams, the Company’s sales revenue from installation projects averages about 88% per year. A 15-member team of technicians provide service to the hundreds of service plan customers and call-in requests accounting for approximately 12% of annual sales revenue.

Annual average revenue from installations is split roughly 50% commercial and 50% residential. The balance of commercial and residential has allowed the business to successfully weather economic cycles.
The business operates from a well-equipped and easily accessible 36,000 sq-ft facility that also provides covered storage space and a large, paved parking lot for service trucks, equipment and employee vehicles. The facility is available for lease to the business acquirer.

The founder and owner is seeking an acquirer that will continue to the Company’s reputation for being a great place to work and legacy for its quality of work and customer service.

2025
Revenue:
$17,862,185
Cash Flow:
$1,411,093

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Your Listing Advisor.

Jeff McKeehan

Jeff McKeehan

Managing Partner

Jeff McKeehan, before joining Viking, enjoyed success as the President and Co-Owner of EHD Technologies, a nationally recognized and award-winning provider of technical and professional services. EHD Technologies was acquired in 2017 by Groupe CRIT SA (CEN.PA).

Prior to owning and operating EHD, Jeff served as a Vice-President of Business Operations with Aerotek Inc. Before Aerotek, Jeff had a successful career at TE Connectivity (formerly Tyco Electronics) as a Director of Manufacturing Operations where he led and managed several fully integrated advanced manufacturing facilities.

His expertise includes sales and operations planning, business strategy development, training, leadership, organizational development, operations management, talent acquisition, human resources, process improvement and quality systems management.

Jeff earned a BA in Business Administration from Belmont Abbey College and an MS in Organizational Management from Pfeiffer University. His post-graduate work includes Merger and Acquisition studies through Columbia Business School.

Jeff’s interests include teaching, mentoring, and the development of aspiring leaders. As a practitioner of organizational development, his passion is helping individuals and organizations transform, improve, and grow.

A lifelong resident of Western North Carolina, Jeff resides in Tryon, NC with his wife Tracy. He serves on UNC Asheville’s Department of Management and Accountancy board and is engaged in supporting entrepreneurs and business owners in the community.

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