Here’s a cash cow with the largest market share in the county and highly experienced staff!  Approximately 50% of sales for this family owned and operated Company are for commercial accounts, while residential work is around 50% of revenues, although this varies from year to year.

There’s over one-half million population within a 50-mile radius of the business headquarters.  Seller estimates there’s nearly $3,000,000 of likely projects already scheduled for 2024.  The business provides heating and air conditioning repair work, installs, change outs, new product sales, duct building and servicing, and 150-200 maintenance contracts.  The Seller believes a Buyer can expand rapidly by adding plumbing and electrical services.

This business is located in a highly visible, central location.  Seller owns the real estate and will offer a sale or long-term lease of the property to Buyer.  The Company’s excellent reputation and superior customer service has built the business with long-lasting clients and numerous referrals over the years. The purchase price includes several service vehicles, extensive shop equipment, as well as a significant amount of work-in-progress and 2024 jobs.

Experienced non-union project managers and technicians are in place, as well as install helpers and administrative staff.  Seller works full-time at the business and is willing to assist Buyer for a smooth transition period.

This opportunity is ideal for an owner-operator, or as a strategic acquisition for regional or national operators in the commercial heating and air conditioning industry.

Apex has several additional HVAC opportunities in the Central USA coming soon and in other industries.  If this one isn’t quite right for you, contact us to be on our priority contact list for new listings.