Looking for a buyer.
This Company is an HVAC service provider founded in 2015, is based just outside of Baltimore County, and serves clients in the surrounding areas of Carroll and Baltimore Counties, Maryland. The Company handles a wide range of heating, cooling, and ventilation needs for both residential and commercial customers. With a strong focus on customer satisfaction, the Company prioritizes building long-term relationships over short-term profits. This customer-centric approach has contributed to the company's substantial growth since its inception as a side business for the owner. The Company's corporate vision is to be the leading HVAC service provider in the Baltimore area, built on a foundation of customer trust and satisfaction. Remarkably, the business has grown primarily through word-of-mouth, without relying much on external advertising or marketing efforts. Over the past eight years, the owner has successfully transitioned the company from a side venture to a significant player in the HVAC industry, with over 90% of new business coming from referrals. While the business faces some growing pains, the next phase for a potential new owner involves capitalizing on opportunities in the commercial sector, including securing more contracts with apartment buildings and condo projects, to unlock further growth potential. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information: Facilities: Not applicable with this book. Competition: Several competitors operate in the same market as the Company, but the Company distinguishes itself significantly through publicly available reviews and direct customer feedback on the quality of service it provides. The Company has established itself as a strong contender in the field and maintains a belief that the Buyer's commitment to upholding excellent service standards will ensure its continued status as a leading entity in the industry. Growth & Expansion: Current TTM Revenue is $2.9m, adjusted net at $1.1m. 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 service contracts to secure recurring business, expanding into commercial sectors such as apartments, condos, and other businesses, enhancing the company's online presence through SEO and SEM, and hiring a sales manager to drive additional business. These strategies aim to sustain and increase profitability for the Buyer to pursue. Financing: To be determined if structure and terms are acceptable. Support & Training: The Seller is willing to provide consultation and knowledge transfer for up to 8 weeks and up to 20 hours per week, to be negotiated prior to closing. Reason for Selling: The Seller would like to move his family to a small town and pursue other interests in early retirement.

listing type
exclusive representation
industry
Consumer Services
location
Baltimore, MD, USA
revenue
$2,900,000
ebitda
$1,100,000
proposed price
$2,300,000
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