Thriving HVAC Company In Richmond

Business Overview:

For almost 15 years, this local HVAC company has provided outstanding service at reasonable rates.  Working mostly on residential new construction, the 13 W-2 employees manage most aspects of the project, but use subs for certain phases.  These seasoned technicians bring deep expertise to every project using the latest technology to provide a comfortable, efficient environment.  Approximately 20% of sales comes from residential service and maintenance.

This is an excellent opportunity for an existing HVAC company to grow, or for an experienced HVAC technician to own his/her own business that is profitable on day one!

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Property Features and Assets:

The company operates from a small commercial facility with a 2,000 sq ft warehouse and 744 sq ft office suite.  3 years remaining on current lease with favorable terms.  This prime commercial location provides easy access to the main residential neighborhoods in Richmond.

Assets = $138,792

Market Competition and Expansion:

The HVAC industry is experiencing significant shifts driven by technological innovation, sustainability, and evolving consumer expectations. There is a growing emphasis on energy-efficient systems and smart technologies that integrate with home automation platforms, reflecting the rising demand for eco-friendly solutions. Companies are increasingly focusing on developing and marketing products that comply with stricter environmental regulations, such as the push for reduced greenhouse gas emissions. Additionally, the industry is seeing intensified competition from new market entrants and startups offering innovative solutions, while traditional players are expanding their service offerings and investing in digital transformation to maintain market share.

Residential new construction is booming in the Richmond market for both single family and multi-family units.  This company has built strong, long-term relationships with key builders throughout the region and can continue to leverage their experience to grow the business.  Growth is limited only by capacity!

Reason for Selling:

Additional Details:

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