Listing Number: 76931-694969
Description
This HVAC company has 1,784 customers in their database with 586 customers serviced in the past 3 years. The business has seen double digit growth year over year since 2021. Revenue has increased from $772K in 2020 and they closed out 2023 with $2.1 million in revenue. SDE has also increased from $367K in 2020 to approximately $864K in 2023. 2024 continues strong and the seller has added an operations Manager to help manage the growth and be part of the post close management team. Currently, the company has 6 employees: 4 HVAC technicians, 1 administrative assistant and the owner.
The list price for this business opportunity is $3.6 million with Seller financing of up to $600K for the right buyer. The company provides repair and maintenance services of existing residential and commercial heating and cooling systems. They install new HVAC systems in residential and commercial projects with the mentality that no job is too big or too small. They are capable of installing mini splits in a small office trailer all the way up to the installation of a 30 ton unit on a commercial building.
This is a great opportunity for an investor or owner-operator to purchase a profitable business that can be relocated to any part of the city or integrated into an existing HVAC or plumbing operation.
Listing Details
- Price: $3,600,000
- Down Payment: $3,000,000
- Sellers Discretionary Earnings: $864,157
- Total Sales: $2,072,104
- Location: Harris County, Texas
- Inventory: $0
- FF&E: $27,500
- Employees: 6
- Year Established: 2013
- Reason for Selling: Seller ready to transition to next venture
- Category: Construction
Contact Agent:
- Steve Merritt, CPA, CBI, CM&AP, M&AMI
- Phone: (713) 303-4668
- Email: smerritt@tworld.com