Listing Number: 60376-781363
Description
This well-established HVAC business primarily serves high net worth residential clients on the central South Carolina coast. With over 40 years of strong brand presence and industry leadership, this company has a stellar 4.9 Google rating and is known for its high-quality work, customer service, and responsiveness.
Gross profit margin and SDE margin have been steadily increasing. Through the first quarter of 2025 their revenue is 21% ahead of 2024 numbers. The clientele is 75% residential and 25% commercial. Within these segments the business is approximately 75% service and 25% new build. They do not do any rental work, so the business is reliable and steady.
There is tremendous potential for growth, and with the right mindset the company growth could accelerate. They do no marketing whatsoever and are turning down work.
The owner has been steadily decreasing his involvement and is currently only managing some jobs and doing approximately 20% of the estimating. An outstanding, skilled team is in place, including a manager capable of running the company day to day. The Manager is doing approximately 80% of the estimating and managing most of the jobs. He is fully aware the business is being sold and is anxious to stay on board.
Key Investment Highlights:
+Loyal, Upscale Clientele
+Proven Profitability: Strong historical financials with consistent margins.
+Turnkey Operations: Skilled team in place.
+Premium Reputation: Five-star reviews and referral-based growth.
+Growth Potential: Expand into adjacent markets, increase service contract offerings, or scale with minimal capital investment.
+Transition Support: Owner willing to assist with a smooth transition
Reason for Selling:
The owner is retiring after building a legacy brand
Listing Details
- Price: $ 1,700,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 528,376
- Total Sales: $ 1,912,048
- Location: Georgetown County, South Carolina
- Inventory: $ 84,000
- FF&E: $ 129,600
- Employees: 11
- Year Established: 1984
- Reason for Selling: Retirement
- Category: Construction
