For sale is a 13-year-old HVAC company that offers complete air conditioning and heating services for customers needing repairs or upgrades to their current heating and cooling systems. These services not only include sales and service, but also includes duct cleaning, UV lights, filters, and indoor air quality service. The business is located in one of the fastest-growing communities in the west, with an estimated population growth of around 1% a year and with its close proximity to Las Vegas provides additional growth opportunities.
The business revenue currently breaks down to 85% residential and 15% commercial with most of their business driven by word-of-mouth, TV, billboard, radio, Facebook, magazine, and newspaper advertising. The air conditioning and heating company currently maintains a 4.4 out of 5 star rating on Google (60 reviews) driven by little to no callbacks for services performed.
The current owner spends 5-10 hours a week working in the business spread across meetings, reviewing bills and inventory, and networking. Owner is willing to give 45 days of post-sale training to help with a smooth transition.
Due to labor and material price increases in 2021, a new price schedule went into effect in 2022. The new prices project $940K earnings and $2.6M revenue estimates in 2022 which are reflected in the asking price.