Two Integrated HVAC Installation and Service Companies in Central Florida
Off-MarketFL
Two Integrated HVAC Businesses In Central Florida
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$2,800,000
$642,000
22.9%
1983
30+ Days
Customers
First company was founded in 1983 with 10,000-customer base; second founded in 1992 serving affluent Pinellas County. First company is 100% residential HVAC (units up to 5 tons); second company includes residential, some commercial HVAC, and minimal refrigeration services.
Customer Acquisition
Marketing efforts have included local television advertising, radio campaigns, email campaigns, and mail-outs. The business maintains a social media presence by posting on Facebook and other platforms. The majority of new business comes from the company’s reputation and goodwill as 43- and 34-year established neighborhood companies, rather than paid marketing efforts.
Team
Location One has four employees: one general manager/senior technician, one office administrator, one technician/installer, and one installer. Location Two has seven employees: one general manager/senior technician, one office manager, two technicians, one installer, one install helper, and one part-time warehouse keeper. The total combined team is approximately 11 employees, with current recruiting efforts to add one to two additional senior technicians for the summer demand season.
Owner's Role
The owner is mostly an owner-absentee and oversees operations from his home office.
Reason for Selling
The owner's wife has health issues, and he works a full-time W-2 job. He's looking to exit the HVAC companies after acquiring them in 2020 and 2022 to focus on spending time with his family and his full-time job.
Contracts
No
Real Estate
Sale includes 11 trucks total between both companies and two forklifts (one at each location), all available to the buyer free and clear without future payment obligations. The company leases one of the locations, and the owner is willing to lease or sell the other location (which is owned).
When Are You Looking to Sell
3-6 months
Licenses Required
Yes
Additional Notes
Both companies were originally paper-based, landline-dependent operations run by their founders. The new owner integrated and modernized them, implementing a CRM system for both companies with manager visibility to allow resource sharing between locations. They also replaced all landline phone systems with web-based phone systems to enable seamless customer calls routed to any staff member or location, and migrated QuickBooks to a cloud-based system accessible to the accountant and management.
Business ID: 1594
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