Management Team in Place
Strategically located in a desirable area of North Carolina, this residential HVAC contractor is one of the finest in its market area. Current ownership has plans for continued stabilization and growth of revenue and is interested in staying on with a buyer for several years to continue leading operations. See below for the highlights about this incredible opportunity:
Financial Summary:
• TTM Revenue*: $8,479,000 | Adj. EBITDA: $2,039,000
• 2023 Revenue: $8,432,000 | Adj. EBITDA: $2,017,000
• 2022 Revenue: $8,144,000 | Adj. EBITDA: $1,307,809
• 2021 Revenue: $7,044,000 | Adj. EBITDA: $1,329,000
* *Trailing Twelve Month (TTM) period through January 2024
2023 Revenue by Category:
• Retro-Fit and Install: 49%
• Residential New Construction: 35%
• Service: 16%
Customer Concentration Summary:
• Customer 1: 4.7%
• Customer 2: 3.3%
• Customer 3: 3%
• Customer 4: 3%
• Customer 5: 2.9%
Opportunity Highlights:
Buyers with existing HVAC platform or private equity group with HVAC experience will be considered. Individuals will not be considered. Confidential listing. Working capital included in sale price.
Real estate for lease offered by MidStreet Realty. Seller will extend NNN lease to buyer.
To learn more about this unique opportunity, please complete the form on this page. You will then receive an email with a link to the MidStreet Buyer Application. After submitting the Buyer Application our team will review and follow up with a Non-Disclosure Agreement, assuming buyer criteria is met. You will then gain access to the Virtual Data Room which includes the Confidential Information Memorandum (CIM), Marketing Video, and Financial Databook. We look forward to working with you.
Note: A few non-financial figures (building square feet, etc.) have been slightly modified to protect the confidentiality of our client.
Included in asking price
Included in asking price
34
7,000 square feet. Owned, for lease (offered by MidStreet Realty)
Continuing company’s recent efforts toward building maintenance & service revenue, targeting middle income customers, improving marketing channels, and taking further advantage of already implemented tools and technology.
While competition exists, this business has set out to offer a higher level of service, equipment quality, and expertise than its competitors.
Owner is interested in rolling equity and committed to staying with the right group for 2+ years.
Diversify financial holdings and support company’s growth with experienced investors.