Thriving HVAC Business – High Profit Margins

Business Overview:

Business Overview

The company is a well-established and rapidly growing HVAC business specializing in the installation and maintenance of mini-split heat pump systems. Operating for over two years, the company has carved out a niche in the market by offering affordable yet high-quality installations using Senville products. The company is known for its competitive pricing, customer-focused service, and excellent reputation, with consistent 5-star reviews on Google and Facebook.

This home-based business is streamlined, highly profitable, and poised for continued growth. With an average profit margin of 65% on installations, the company has developed a simple yet effective business model that delivers exceptional customer satisfaction and consistent referrals.

Key Highlights

---

• Revenue Growth: 2024 revenue increased to $435,000, up from an adjusted $369,000 in 2023.

• Scalable Operations: Average project size nearly doubled from $8,500 in 2023 to $9,700 in 2024.

• Strong Customer Base: Approximately 90 completed jobs and 150 pending inquiries in the pipeline.

• Reputation: Stellar online reviews and a loyal customer base generate over 60% of leads through online advertising and 20% via referrals.

• Lean Marketing Budget: Low annual marketing spend of $5,000-$6,000 with significant potential for growth.

• Employee: Key employee that manages all sales outreach and marketing efforts. Employee is also instrumental in all installations and knowledgeable in all products. 

• Alternate Streams: The business has secured large amounts of multi-family contacts to expand the offering and highlight a key market in search of these units. 

---

Ideal Buyer

This business is perfect for:

• An Entrepreneur: Someone looking to acquire a profitable, turnkey operation with minimal overhead and significant growth potential.

• HVAC Professionals: An experienced technician or small team seeking to own a business with a solid foundation and a loyal customer base.

• Strategic Buyers: Existing HVAC companies looking to expand into the Southern Maine and Lakes Region of New Hampshire.

• Investors: A business-minded individual seeking a high-margin opportunity in a growing industry.

---

Why?

• Established operations and streamlined processes mean you can hit the ground running.

• High margins and steady revenue make this a reliable and profitable investment.

• Opportunities for growth are abundant, with minimal competition in the affordable HVAC niche.

• Loyal customer base and strong brand reputation ensure recurring revenue and referrals.

---

Financial Snapshot

• 2024 Revenue: $435,000 (adjusted)

• 2024 Adjusted EBITDA: $100,289

• 2023 Revenue: $369,000 (adjusted)

• Gross Profit Margin: ~65%

---

Next Steps

Serious inquiries only. Potential buyers will be required to sign an NDA before further financial details are disclosed. Transition support and training are available for 2-6 weeks to ensure a smooth handover.

Contact us today to learn more about this incredible opportunity to own a thriving business in the HVAC industry!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Tangible Assets:

• Chevy 3500 truck valued at $20,000.

• Tools, spare parts, and equipment valued at $20,000.

• Office equipment including laptops and phones valued at $1,700.

Intangible Assets:

• Customer list, including completed and pending clients.

• Established goodwill and reputation.

• Efficient systems for quoting, rebates, and operational processes.

Other Assets:

• Fully functional website, Google Business Profile, and Facebook page.

Market Competition and Expansion:

1. Expand Marketing Efforts: Increase ad spend and optimize digital marketing strategies to reach untapped local and regional markets.
2. Broaden Service Offerings: Add additional HVAC services or related products, such as high-efficiency air filters or maintenance contracts.
3. Leverage Pending Client Pipeline: Convert the 150 pending inquiries into contracts for immediate revenue growth.
4. Enhance Operational Scalability: Implement dispatching or management software to handle larger volumes of clients.
5. Tap Into Multifamily and Commercial Markets: The business is already seeing increased demand from multifamily properties, a promising new revenue stream.
6. Further Technicians: Additional hires on the technician side make this business entirely turnkey for a handoff owner/management team.

Reason for Selling:

Transition to new opportunities.

Additional Details:

Relevant Links:

• View more New Hampshire businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker