Maryland Residential HVAC Solutions

Business Description

For sale is a well-established HVAC company with over 25 years of experience, specializing in heating, air conditioning, and indoor air quality services for residential and retail customers in Maryland. The company provides a comprehensive range of services, including new system installations, repairs, maintenance agreements, and ductless mini-splits.

Revenue is split between 70% residential new construction and 30% service and replacement. The company has strong relationships with over 20 home builders, ensuring a steady pipeline of new construction projects, while also maintaining a solid direct-to-customer retail presence. Additionally, there are nearly 400 maintenance agreements in place, providing a reliable source of recurring revenue.

At the end of 2023, the company transitioned away from commercial projects to focus exclusively on residential services after determining that commercial work was not profitable. Although this shift led to a temporary revenue decline, the business became significantly more profitable, as residential services yielded higher margins despite a reduced workload.

The business is supported by an experienced team with long-term tenure and structured compensation models. On average, revenue per new construction home is $15,000 – $20,000, while service and replacement jobs generate between $10,000 – $15,000 per project.

The buyer must hold an HVAC license in Maryland to operate the business. Alternatively, a current employee can take the HVAC licensing exam and become certified, allowing for a seamless transition of ownership while maintaining compliance with state regulations.