Successful Longtime Air Conditioning & Heating Com

Oklahoma City, OK
Oklahoma County

Central Oklahoma

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Services: Construction, Contractors

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RE: Successful Longtime Air Conditioning & Heating Com Broker: Fred Phillips

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $177,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 560955040
Broker Reference #: 5805-2116

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Business Overview:

This is a very well established HVAC business that has been providing central Oklahoma customers air conditioning and heating services for many, many years. They focus on commercial work, but also have a nice portion of residential work to balance out the business. They are known for providing customers quality work, and being reliable and responsive. Several hundred maintenance plans are in place. Employees are experienced and well trained. This offers a great foundation for a new owner to grow as desired. Management is in place to run smoothly. Buyer does not need to know the industry or be licensed. Seller’s Discretionary Earnings (“cash flow”) has averaged $276,000 over the last 4 years, and EBITDA has averaged $168,000. Although 2019 was lower than the average, there are some operational changes that a buyer can consider to bring the earnings more in line with prior years.

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Property Features and Assets:

The Buyer will have the option to lease the existing facility, or vacate and move to another facility if the Buyer has capacity elsewhere.

Market Competition and Expansion:

There are numerous HVAC competitors in the market, but many lack the integrity and expertise that is the core of this company, which has kept them in business for many years. The market for HVAC services in the Oklahoma City metroplex is huge, and there is ample room to grow the company several fold.

Reason for Selling:

Retirement; Exit planning.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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