This 30 year old company located just East of the Charlotte Metro area. The company has a database of approximately 18,000 customers with 300 renewable service contracts that insure ongoing cash flow. Revenues averaged $550,000.00 the previous three years, with profit margins around 37%. Ninety percent of the work is service--installation, retro fitting and preventive maintenance--with only 10% commercial and new construction. The average length of service for employees is 10 years.
The seller owns .75 of an acre of property on the main highway 24/27. Seller agrees to lease property at below market value. The Company maintains "Comfort Specialist" rating by Trane, and has a very high approval-inspection ratio. The reason for the sale is the owner's retirement. Family management and employees would like to stay on with the company.Mo<
The Company's Motto is "Family Sells it, Family Installs it, and Family Services it".
Required Licenses: Business, HVAC
Seller Reference #CHARLNC001-N510
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