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Business Profile: Booming Coastal Carolina HVAC Company
Contractor A/C & Htg
Brunswick County 47679-BG
Purchase Information
$550,000
Financial Information
$1,600,000
$200,000
$125,000
Included
$150,000
Included
Not Included
Other Business Information
2019
8
N
N
N
Business Description
The seller retired and moved to the beach, become bored, so he started another HVAC company from scratch in July, 2019 and grew it into a 1.6M dollar company in a little over 2 years.
The company was started and managed by one of the most experienced residential and commercial HVAC persons in North and South Carolina. The company basically runs itself with it's seven highly experienced employees plus the owner. So a buyer does not have to possess previous HVAC experience; just some management skills.
The company averages profit margins of 30% to 40% per year. The company's home office is located in the FASTEST GROWING COUNTY in North Carolina and one of the largest. It serves the coastal plains from Wilmington, NC to Myrtle Beach, SC. The seller is retiring for the second time and is willing to sign a noncompete that he will not start another HVAC company or go to work for another HVAC company for 3-5 years and 50-100 miles.
Please Note: All listings herein are exclusive to this listing office as of
the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE
STATEMENT is signed by the prospect.
