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Asking Price$1,500,000
Revenue$1,944,160 Established1984
Cash Flow$327,206 Employees5 full-time
FF&E$416,000* FranchiseNo
Inventory$35,000* RelocatableNo
Real Estate$450,000* Home-basedNo
* Included in Asking Price
Founded in September 1984, this 37-year old family-owned business has been thriving in the community providing a vast array of mechanical and plumbing installations to the following industries: Health care (hospital & medical office buildings) including medical gas and acid waste piping, churches, universities, fitness facilities, independent living facilities, manufacturing facilities including process piping, and furniture showroom/retail facilities.

On average they typically do 20-25 projects a year of various sizes.  About 10 to 15% of their annual sales are service and small T & M projects for their loyal customers many whom have had a thirty plus year relationship. Their primary market is 45 miles of location in Central North Carolina.

The real estate is offered in this listing however the owner is open to leasing to potential buyer.  Property includes the main building 9,600 sq. ft. total with 1,600 sq. ft. of offices, 400 sq. ft. tool storage, 6,000 sq. ft. warehouse, and 2,000 sq. ft. sheet metal fabrication/insulation shop. The 1-acre lot is a secured fenced storage yard.  second building is 1,900 sq. ft. on 2.02 acres.  3rd building is an 2100 sq. ft. open shed for pipe. Owner will remain in place to provide a smooth transition.  

Owner is a founder, officer, and current member of the local HVAC Contractors Association, and long time member of the State and National PHCC association. Business is a member of the local and national Chamber of Commerce and supports the United Way, and other local non-profit groups.

If you would like further information, please contact Shanon Madrid at smadrid@sunbeltnetwork.com or call 919-858-6853.

Required Licenses: H2 Contractor
Competition:2 others in the 60 mile radius
Growth Potential:This business is strictly commercial but has ample room to service residential and fabrication services.
Training/Support:Seller will transition and needed
Seller Financing:Seller will carry a note for highly qualified borrower
Sale Reason:Retirement
Ad #126732
Seller Reference #DURHANC001-N86
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Shanon Madrid
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