Established HVAC Service Company – 30 Years in Business - 37439

Financing

$399,000 Down and $200K over 4 yrs. @ 7%

Business Description

Established HVAC Service Company – 30 Years in Business

Recurring Maintenance Revenue • Affluent Service Area • Strong Growth Potential

This is a rare opportunity to acquire a well-established HVAC service company serving an affluent residential and commercial market in Essex County, New Jersey, just west of New York City.

For more than 30 years, the business has built a strong reputation for reliable service and quality work throughout this desirable market area.

The company enjoys a loyal and repeat customer base, generating predictable recurring maintenance revenue and ongoing service opportunities.

Customer Base

• 562 active customers
• 340 residential bi-annual maintenance contracts
• 14 commercial service accounts with recurring maintenance

These recurring accounts provide consistent service revenue and strong long-term customer retention.

Financial Overview

• Annual Gross Revenue: $506,727
• Seller’s Discretionary Earnings (SDE): approx. $180,992

In recent years, the owner has focused the business primarily on higher-margin maintenance and service work, which has improved overall profitability.

Operations

As the owner has approached retirement, he has simplified operations by:

• Subcontracting most new system installations
• Reducing staffing and overhead
• Concentrating on recurring service and maintenance accounts

Current staffing includes:

• Owner (field technician)
• 1 full-time HVAC technician
• 1 full-time office manager

A new owner could significantly increase revenue by adding additional technicians and performing installations in-house.

Assets Included

All furniture, fixtures, and equipment are included in the sale, including:

• Service vehicles and professional HVAC tools
• Diagnostic and installation equipment
• Inventory and parts stock valued at approximately $50,000

Seller Transition Support

After 30 successful years, the owner is ready to retire but wants to ensure a smooth transition.

The seller is willing to:

• Provide extensive training and transition support
• Offer a consulting agreement for one year or longer
• Potentially retain a minority equity interest for the right buyer

Ideal Buyer

This opportunity is ideal for:

• HVAC contractors seeking to expand into affluent Essex County markets
• Plumbing or mechanical companies adding HVAC services
• Experienced HVAC technicians ready to own their own company
• Construction or mechanical entrepreneurs looking for a strong service platform

With an established reputation and recurring service accounts, a motivated operator could quickly grow revenue by expanding service capacity and installation work.

Buyer Requirements

Serious and financially qualified buyers only.

Proof of at least $399,000 in liquid funds will be required prior to scheduling a buyer-seller conference call or meeting.

Confidential Sale

All inquiries are strictly confidential.

Meetings are by appointment only.

Contact:
Mel Vaz
631-767-0157
melvaz@vestedbb.com

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners:

We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.