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Asking Price$668,800
Revenue$2,360,200 Established1962
Cash Flow$240,500 Employees18 full-time
FF&E$94,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This commercial HVAC, refrigeration, cooking equipment service and planned maintenance company has been operating in this area for 53 years. The company services restaurants, retail stores, small office buildings and churches throughout the state of Maryland, District of Columbia and northern Virginia. The company is fully licensed in all of these jurisdictions.They have a long-standing, diversified, and strong recurring customer base. Technicians are well trained and experienced and most have been with the company for 10 years or more. Their quality of the service and highly regarded industry reputation has given them loyal repeat customers. The company operates with 15 fulltime technicians, each with their own service van.Their main services are:  1)Planned maintenance contracts for HVAC and refrigeration.2)Cooling service and repair including DX, chilled water and VAV systems3)Heating service and repair including heat pumps, hot water, gas furnaces and electric systems4)Refrigeration service and repair including walk-ins, reach-ins and ice machines5)Added cooking equipment service and repair including ovens, ranges, grills, warmers and fryers6)Ventilation service and repair including exhaust fans and make-up air units7)Installation/replacement of equipment for our regular customersThe planned maintenance contracts continue automatically from year to year.  The current customer base is approximately 60% restaurants, 35% retail stores and 5% small office buildings and churches.

Real Estate Number: 623381
Competition:This is a competitive market however the advantages of this HVAC Contractor over the competition are as follows; 1.) Ownership involvement in job management. 2.) Their reputation in the marketplace for their quality of services and materials. 3.) The breadth of industry / technical knowledge they offer. 4.) The breadth of services offered to the marketplace by very experienced technicians. 5.) Their reputation for meeting project specification complete and on time.
Growth Potential:Providing additional services such as plumbing and electrical to the existing customer base is a potential area of grow. Additionally, the new owner can be much more aggressive in pursuing retail HVAC and pluming clients. The Washington DC metro area (lower Maryland, DC and Northern Virginia) is constantly growing and thus, this Company is well positioned to support the growth of this marketplace for years to come.
Training/Support:The seller will provide all the training and support necessary to insure a smooth transition of ownership.
Sale Reason:Planning for Retirement
Ad #71534
Seller Reference #MONTGMD006-N379
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Contact This Seller
Mike Zarinbaksh
(301) 215-9288
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