Seller's Contact Information
- RE: HVAC Located In Air Conditioning Service Paradise
- Contact: Ron Kleier
Quick Facts
Asking Price: | $1,300,000 | |
Annual Revenue: | $2,480,439 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $384,765 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 40 | |
Employees: | 12 | |
BBN Listing #: | 446728242 | |
Broker Reference #: | KS2948-RK |
Business Overview:
What’s a better place for an air conditioning business than in central Texas where 100 degree summer weather is the norm! Then there’s the bonus chilly winter heating months with temperatures as low as single digits!
50% of sales for this family owned and operated Company are for commercial accounts, while residential work is approximately 50% of revenues, although this varies from year to year. An estimated 85% of sales is installs/change outs, while another 15% is maintenance contracts. New home construction projects are very minimal for this business model.
In one of the fastest growing USA regions, Seller estimates there’s a minimum of $1,000,000 of projects already scheduled for 2023. The business holds a customer base of 2,500, providing HVAC repair work, installs, change outs, new product sales, duct cleaning, and around 400 maintenance contracts. Their trade area is a 100-mile radius, which includes a nearby major metropolitan city.
Their excellent reputation and superior customer service has built the business with long-lasting clients and numerous referrals over many years. The recently remodeled main office, with highly visible highway location and fenced yard for storage, is available for a long-term lease at competitive terms. The purchase price includes seven service vehicles, trailers, and other equipment, as well as a significant amount of work-in-progress and future projects.
Experienced project managers and technicians are in place, as well as install helpers and administrative staff. Seller works full-time at the business, and will consider staying onboard with Buyer after the transition for a period of time, if desired.
This opportunity is ideal for an owner-operator, or as a strategic acquisition for operators in the commercial heating and air conditioning industry.
Sales volume and cash flow numbers posted are an average of the past 3 years.
Currently, the business focuses on residential and light commercial services, however, there is an opportunity to expand into other areas. Seller believes Buyer could expand to major Texas cities by adding to the Company’s existing infrastructure. Buyer may also consider other service specialties such as plumbing and electrical jobs.
Apex has several additional HVAC opportunities in the Central USA coming soon and in other industries. If this one isn’t quite right for you, contact us to be on our priority contact list for new listings.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Cash flow increases 4 years in a row
For 30 years, this business has provided the Central New York region with the highest quality custom and pre-made counter tops and cabinets while maintaining reliable, knowledgeable and friendly service. The business has an excellent reputation and has generated outstanding financial results, including four years of increasing cash flow.
Tailored Turf Installation Business
The business has established itself as a prominent provider of artificial landscape projects in Northern California, having successfully completed over 1,200 projects since its inception in 2017. With an ever-expanding portfolio, the business boasts an unmatched depth of experience, distinguishing itself among competitors in the region.