Business For Sale

Permian Basin (Texas) Refrigeration & HVAC Company

Not Disclosed, TX


Asking Price: Annual Revenue:
$850,000 $1,221,502

Services: Construction, Contractors


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RE: Permian Basin (Texas) Refrigeration & HVAC Company Broker: Rich Giles

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,221,502
Net Profit: Not Disclosed
Cash Flow: $379,728
Total Debt: Not Disclosed
FF&E: $220,794
Real Estate: $1,600,000
Year Established: 1994
Employees: 9
BBN Listing #: 66814955
Broker Reference #: 6007-13619

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Business Overview:

This company has been serving the heating, air conditioning and refrigeration needs in the Permian Basin area and surrounding communities since 1994. This includes the sale and service of heating and air conditioning equipment, as well as commercial refrigeration - walk-ins, reach-ins and ice machines. The company provides commercial refrigeration service, which keeps work steady during cooler months when air conditioning work drops off.

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Property Features and Assets:

The company moved from an office/warehouse of 3,000 square feet to an office/warehouse consisting of 7,500 square feet. This consists of 2,500 square feet of office space and 5,000 square feet of enclosed warehouse space. There is an additional 2,500 square feet of covered space. Also, there are two 20 foot and two 40 foot shipping containers used to store equipment and condenser units. The facility is located in an industrial section of town, with excellent visibility from a high traffic street. The Real Estate is not included in the asking price, but the owner is open to selling it. Assets = $1,917,385

Market Competition and Expansion:

There are a number of companies in the area that compete with them, but not all of these companies compete in all product and service lines. The owners feel that there is still significant potential for growth. The Company's service area is growing and as it does, in addition to the current residential and commercial customers they have, new restaurants are potential new customers.

Reason for Selling:

Retirement.

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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