Business Description

This Charlotte-based HVAC company, with an annual revenue of $3 million, caters to a diverse clientele. They primarily focus on residential services such as replacements, repairs, and maintenance, which make up 27% of their business. Commercial projects, including new constructions, retrofits, and services, constitute 73% of their work, with commercial service being the fastest-growing segment. With a staff of 21 employees, this company has experienced consistent growth of over 30% annually for the past three years. The current owner, who is looking to retire, runs a lean operation, limiting the scope of projects to smaller ventures. A potential buyer with a more aggressive approach and additional capital could tap into untapped opportunities for expansion and larger contracts. The owner is willing to assist in transitioning the company to new ownership, and the 2,000 sq. ft. office/shop space is available for lease or purchase.