| Business Description
The company is a heating, cooling and refrigeration operation that is rapidly growing since it incorporation 1 year ago. It aggressively markets its services in the Richmond, VA market by operating a lean operation. The company reputation has allowed it to acquire new business that supports its rapid growth.
The customer base is about 60% commercial and 40% residential. Its commercial customer base includes 1 large retail food chain (with about 20+ stores throughout the Richmond market), 12 apartment complexes, 27 hotels, and 4 large warehouse operations. They have current bids for a major home center, retail outlet and convenient store chain.
The company presently services about 300-400 residential homes annually.
The company started this year its construction unit for home remodeling and light construction. The strategy is to become a full-service company in construction and HVAC installation and service.
The company would be a nice acquisition for a person or business wanting to enter the HVAC market; likewise, it would be a nice acquisition for an existing HVAC operation looking to expand its current operation.
Reason for the Sale: the owner has decided to pursue other opportunities. |