Buy a Business
HVAC – HEATING -AIRCONDITIONING – DUCK CLEANING SOUTHERN, MD.
DC Metro Area
This 18 year old HVAC Business is Based in Southern Maryland. They primarily Service The 3 Southern Maryland Counties plus Prince Georges & Ann Arundel. They do between $500,000 to over $750,000 annually and this year will be over $750,000 with a solid net to the 2 owners of $200,000 including Owners Benefits. The Asking Price for the Business is $695,000 which includes 3 Trucks. There are 3 Techs that will stay with the New Owner and the Present owner will stay for several months for the transition period.
A large amount of their Income comes from work they do for the Utility Companies. They do “Energy Improvement Programs” and upgrades to systems that the Utilities Pay for. Their Contrack was just renewed. The New Owner will need to add 1 or 2 new Trucks to handle a new volume of work. Each Service & Inspection Truck does about $240,000 annually.
They have Home Warranty Companies that send them a lot of Business. They pick up a lot of Duck Cleaning Business when they get in the door on the above traffic Building Business.
Beltway Nationwide Business Brokerage helps HVAC Companies get into the Plumbing Business, we help the Plumbing Companies get into the HVAC Businesses and the Cross Marketing works well. The Customers like to have one Company doing most of their home repairs. This Company does 80% Residential & 20% Commercial. The Business is ready to expand it’s Commercial side. This Business has received 3,000 Cinch Home Service dispatches since 2009.
They belong to 4 Trade Associations that have helped with Sales and better Net Profits. The business has over $50,000 of tools and Test equipment plus the 3 Trucks that have been well maintained.
This Business has been operated from their Home in Southern, Maryland. The Broker has a Location in Waldorf that could be shared with the Plumbing Business we have for sale. It is a low rent. In the SELLER Benefits he has been paid $24,000 annually for Rent of Buildings on his Property. You will want to know about other “Owner Benefits”.
Please send an e-mail to Dennis Riley to get the 3 years of Financials and the answers to your other questions. The Seller may be able to help with needed License Issues.
Dennis Riley dennis@beltwaybrokerage.com cell 240-462-8220
