$421K EBITDA HVAC Services Company in Chicagoland 1420

July 14, 2025
by an intermediary from Bucknell University in Santa Monica, CA, USA
The Company is a locally operated provider of heating, ventilation, and air conditioning services in the Chicagoland area. It specializes in the installation, maintenance, and repair of various systems, including furnaces, boilers, air conditioners, and ductless mini splits, for both residential and commercial clients. The team consists of certified technicians capable of servicing a wide range of commonly used systems. In addition to emergency repairs, the Company offers routine maintenance plans designed to prevent system failures and maintain indoor comfort throughout the year.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: The business operates from a 2,100 sq. ft. rented commercial building in Chicago, with a monthly rent of $2,875 and a lease expiring in September###-###-#### The location is well-suited for serving its core client base in Chicago, and a future satellite office in the suburbs could support expansion.
Competition: While its competitors are larger and better resourced, the Company differentiates itself through exceptional customer service, competitive pricing, and high-quality workmanship. It also specializes in unconventional systems and offers 24/7 availability for service and installations.
Growth & Expansion: The Company aims to drive growth by expanding its marketing efforts, improving follow-up on sales leads, and offering continued sales incentives to both technicians and office staff. It also plans to increase margins on unconventional system services while maintaining a strong focus on employee satisfaction to support long-term retention and performance.
Financing: TBD if structure and terms are acceptable.
Support & Training: The owner is open to staying on for 1–2 years in a managerial role to support the new owners and is willing to be incentivized for contributing to the growth of the business.
Reason for Selling: The owner would like to pursue other opportunities if no longer involved in this business and is currently engaged in real estate ventures.
from University of Pennsylvania in Seattle, WA, USA
from University of Colorado at Boulder in Austin, TX, USA