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Residential and Light Commercial HVAC Sales and Service

SOLD – This established and highly profitable HVAC company specializes in residential replacement and service. There is room for growth in several nearby markets as new construction expands in many rural communities as well as with some increased marking to mature subdivisions in the lower Mid-Michigan and Southwestern Michigan regions. This business has seen great success in providing warranty service as well as and supporting contracts for ongoing upkeep and needed maintenance.

The business has focused on traditional residential heating and cooling services with some light commercial work when and where appropriate. The owners are excited to find the next person to continue to serve the communities they service and possibly expand services as new technologies emerge in indoor air quality, higher efficiency units come to market, and alternative fuels and energy source become more mainstream.

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Listing ID:

ABS-24075352-90

Location:

Michigan

Type of Business:

HVAC Company

Gross Revenue:

$2,270,500

Cash Flow:

$395,000

Inventory:

$225,000

FF&E:

$350,000 (Included)

Established:

1998

Employees:

7 FT / 1 PT (Plus Owners)

Facilities:

  • Centrally located to service many smaller towns in Southwest Michigan with access to major roadways
  • Zoned Commercial with low local taxes
  • 50X60 Steel constructed with recent additional storage added and a 2022 24×60 building for vehicles

Real Estate / Lease Terms:

  • Available for sale or lease

Growth Opportunity:

  • Expand current staff to be able to service additional surrounding areas 
  • Increase online presence and social media
  • Opportunities in commercial work as most is residential
  • Add refrigeration as that is not currently offered

Competition:

  • There are a few local competitors, however they have been around the longest, with the largest customer base
  • No local competition for outdoor wood furnaces
  • Services a large rural base which makes it hard for a competitor to enter this market

Support & Training:

  • Seller will provide a reasonable transition and training support to create a smooth change in ownership
  • Seller is open to longer engagement beyond the initial transition depending on terms

Reason for Selling:

  • Looking to retire and find the right fit to continue to provide services to loyal customer base
  • Want to find a buyer to maintain employment to well trained and productive staff

Broker Contact:

E. Brad Scoffin – Advanced Business Brokers

Direct: 269-903-8143

Fax: 248-564-5259

Email: Brad@ABB-BusinessBrokers.com

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.

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Dr. Mark Hagar

A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.


Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).


In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.


A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.


As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.