OFF-MARKET ‘Q3 2024
Highly Profitable Indy HVAC Company for Sale
Carmel, Hamilton County, Indiana
Asking Price: $2,700,000
Cash Flow: $676,000
Gross Revenue: $3,300,000
EBITDA: $686,000
FF&E: $543,100
Inventory: $30,000
Established: 1988
Employees: 12
Business Description
This family-owned and operated Company provides full-service plumbing, excavation, heating/cooling, and remodeling services. They’ve been serving homeowners in the Indianapolis metro and surrounding suburbs with a strong focus in Carmel, Greenfield, and Greenwood neighborhoods. As the only company in the area to offer 24-hour service and financing options for repair work on any brand of equipment, they have a long list of satisfied customers who can count on them no matter what the needs are! With a strong focus on customer satisfaction, and the significant percentage of repeat customers, the Company has been successful in its key message which is One Call Does it all.
The Company’s corporate vision is to be a one stop solution for all customer’s needs by employing highly trained technical professionals who deliver full-service plumbing, excavation, heating/cooling, and remodeling services to every customer. Driven by values of Trust, Dependability and Quality, their collective experience of over 150 years has helped them build a loyal customer base that consists of predominantly of single-family homes, some combination of apartments, property management and specialized warranty companies as well as small commercial buildings. The next phase for a potential new owner involves several growth and expansion opportunities as described below.
NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
N/A
Growth & Expansion:
Current TTM Revenue is $3.3M, adjusted net at $676,000. Plenty of growth opportunities exist for the Company as it enters a new phase under new ownership. The Seller has outlined several objectives to ensure the company’s future growth. These goals include establishing value pricing that would help generate additional opportunities from HVAC customers for plumbing services and vice versa. Hire a highly skilled sales individual to maximize cross selling of all services.
Financing:
Negotiable
Support & Training:
The Seller is willing to provide consultation and knowledge transfer for up to 6 months depending on personal family obligation to be negotiated prior to closing.
Reason for Selling:
The Seller has certain family obligations that have taken priority. In addition, the seller needs to divert his time to supporting another business that his spouse owns and operates.
OFF-MARKET-Highly Profitable Indy HVAC Company for Sale
