Reputable & Scalable HVAC Platform With Recurring Revenue For Sale

Description

HVAC and mechanical contracting business for sale with operating history dating back to 1996. The current owner, who has more than 35 years of industry experience, became sole owner and rebranded the company in April 2021.

Customer base

The company serves both commercial and residential customers. Commercial work represents more than 50% of annual business, according to the seller.

• Long-term commercial accounts
• Repeat HVAC service work
• Mechanical contracting projects
• Residential service customers
• System replacements and retrofits
• New HVAC installations

Several commercial relationships have continued for more than 20 years, providing a recurring source of service and project work.

Services

• HVAC diagnostics and repair
• Preventive and ongoing service
• Commercial mechanical contracting
• Residential system replacement
• Retrofit projects
• New system installation

Operations

The business has been built around repeat customers and referral relationships rather than one-time project work alone.

The seller attributes customer retention to responsive service, technical experience and the company's ability to diagnose and complete a broad range of HVAC projects.

Growth

• Expand commercial maintenance agreements
• Add service technicians
• Increase residential replacement work
• Develop additional mechanical-contracting accounts
• Increase local marketing and lead generation

Due diligence

Buyers should verify historical financials, commercial versus residential revenue, customer concentration, active service agreements, project backlog, employee and technician arrangements, equipment and vehicle ownership, supplier relationships, insurance and outstanding warranty obligations before closing.

HVAC and mechanical contracting work may require state or local licenses, permits and appropriately licensed personnel. Buyers should confirm which credentials are required and whether any existing licenses are transferable.