Midwest HVAC Service & Repair Business for Sale - Lennox Dealer Since 1920

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Financial Details

Asking Price:
$3,200,000
Annual Revenue:
$1,980,000
Cash Flow / SDE:
$780,000
Profit Metric:
SDE
Valuation Multiple:
4.1x
Location:
NE, US
Source:
Date:
September 19, 2025

Key Highlights

Over a century of operation (since 1919) as a leading HVAC service and repair provider.
Established Lennox dealer with strong brand recognition and a loyal customer base in the Midwest.
Includes owned real estate and offers clear expansion opportunities in services and market reach.

Description

This listing presents a long-standing and reputable HVAC service and repair business, operating in the Midwest since 1919. As the second-oldest Lennox dealer in the U.S., the company benefits from over 100 years of brand recognition, a loyal customer base, and established contractor relationships. The business serves both residential (approximately 70%) and light commercial (approximately 30%) clients. It operates from a 12,400 sq. ft. facility that is owned and included in the sale price. The business reports TTM Revenue of $1.98M and TTM SDE of $780,000. Key expansion opportunities include adding plumbing services, establishing new regional offices, and scaling commercial work. The seller is retiring.

Industry Information

Industry Description:
HVAC Service and Repair Business
Classification:
Service Businesses

Operational Snapshot

Year Established:
1919
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Owned_and_included
Real Estate Price:
$650,000 USD

Broker Contact

Name:
Britt Clas
Company:
Earned Exits Business Brokers

Listing Details

Listing ID:
2fb3742a-6c46-4cb5-9171-5676e340da46
Source Listing ID:
2414790
Deal Status:
For Sale
Last Updated:
September 19, 2025
Currency:
USD

Features & Tags

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