Limited Owner Involvement- HVAC Contractor w/ Long-Tenured Techs
Listing Number: 022822-798226
Listing Details
Limited Owner Involvement- HVAC Contractor w/ Long-Tenured Techs
Price: $315,000
Location: Cuyahoga County, Ohio
- Down Payment: $315,000
- Sales: $694,741
- Seller's Discretionary Earnings: $122,305
- Inventory: $0
- Furniture, Fixtures, and Equipment: $34,000
- Employees: 4
- Year Established: 1982
- Reason for Selling: Retirement
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Business Description
Own a respected 40+ year HVAC company in Greater Cleveland without being tied to the tools. This established residential and light commercial heating and cooling contractor is for sale because the owner is retiring. It comes with a strong local reputation, a loyal customer base and a team already in place. The owner is not involved day to day. A licensed lead technician with more than 20 years at the company, a second EPA-certified technician and an experienced office administrator handling dispatch keep the business running.
Nearly all work comes from repeat customers and referrals, so marketing costs stay low. The company does no new construction, so it doesn’t rise and fall with the building market; its work is replacements, service and repair, and no single customer makes up a meaningful share of revenue. Customers pay at the time of service and installs require a 50% deposit, which keeps working-capital needs low. Most customers are within 15 minutes of the shop, which keeps drive time down.
The business is an authorized dealer for a major equipment brand and has an active list of about 2,500 customers plus maintenance agreements, all kept in field-service software. Earnings have risen in each of the last three years. A new owner has clear room to grow: indoor air quality, generators, tankless water heaters, heat pump incentives, more maintenance agreements and a modern digital marketing push.
Three lettered service vans and the shop equipment are included, and the seller will provide 30 business days of training for a smooth handoff. It suits an owner-operator, an HVAC professional looking to own, or an existing contractor adding a book of customers and a trained crew.
Nearly all work comes from repeat customers and referrals, so marketing costs stay low. The company does no new construction, so it doesn’t rise and fall with the building market; its work is replacements, service and repair, and no single customer makes up a meaningful share of revenue. Customers pay at the time of service and installs require a 50% deposit, which keeps working-capital needs low. Most customers are within 15 minutes of the shop, which keeps drive time down.
The business is an authorized dealer for a major equipment brand and has an active list of about 2,500 customers plus maintenance agreements, all kept in field-service software. Earnings have risen in each of the last three years. A new owner has clear room to grow: indoor air quality, generators, tankless water heaters, heat pump incentives, more maintenance agreements and a modern digital marketing push.
Three lettered service vans and the shop equipment are included, and the seller will provide 30 business days of training for a smooth handoff. It suits an owner-operator, an HVAC professional looking to own, or an existing contractor adding a book of customers and a trained crew.