Hvac Business With Outstanding Reputation

Not Disclosed, OK
Oklahoma County

Located with 10 miles of Oklahoma City

Asking Price: Annual Revenue:
$600,000 $1,377,058

Services: Utilities: Electric, Gas, Water, Sanitary

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RE: Hvac Business With Outstanding Reputation Broker: John McCleary
Owner Financing is Available!
The current owner is willing to finance a portion (20%) of the transaction in order to demonstrate their goodwill towards the new buyer.

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,377,058
Net Profit: Not Disclosed
Cash Flow: $274,491
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 7
BBN Listing #: 822662509
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

The business was originally founded in 2010 by the owner after he left his prior job in the HVAC industry. The owner decided to leave to start his own HVAC business where fairness and transparency were the highest priorities. After 12 years, he's built up a strong team of administrative staff and field technicians and grown the business to more than $1.3M in annual revenues.

Over the years, the business has grown substantially, gaining a strong reputation and solid customer base. As a result, the business has an A+ rating with the Better Business Bureau, along with 0 complaints from customers. The owner is looking to retire and find a buyer who is interested in taking the business to the next level with marketing and investments in technology.

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Property Features and Assets:

The company conducts business out of a 1,000 square foot office space that they rent. The space was finished in November 2019, and the business is the first tenant to occupy the space. All cabling for computers has been installed, along with a large meeting area and TV to use for training. The front office has three large rooms and a main meeting and break area. The building also comes with a small kitchenette and restroom, and is fully outfitted with ADT security and cameras. Apart from the office space, the business also has a warehouse that is about 1,500 square feet, which is also outfitted with a camera and a large garage door opener. The ceiling is about 20’ tall, with plenty of room to build shelving or install other storage units. The warehouse also has a small hand sink, large heater, and a commercial Ice machine which the workers utilize almost daily. The current rent for the 2,500-square-foot office space is $1,750 per month. The lease expires in November 2025 and the current owner will assist the new owner in securing a favorable, longer-term lease at the location.

Market Competition and Expansion:

While the business is a smaller company in relation to its competitors, they are able to set themselves apart from the competition by serving their clients quickly and completely. The business provides services 7 days a week without a need for any overtime. In addition to their fast and complete service, the business provides flat rate pricing and provides discounts, something which most competitors do not offer. As a result of these practices, the business holds a 92% customer retention rate, in turn leading to many referrals and more business growth.

Reason for Selling:

Changing careers.

Additional Details:

  • The property is leased.
  • The owner is not 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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