37318-Commercial Air Conditioning Install and Service

TX

Seller Financing Available
37318-Commercial Air Conditioning Install and Service

Asking Price:N/A

Cash Flow:$642,000

Gross Revenue:$2,574,000

EBITDA:$555,000

FF&E:$362,000

Inventory:$10,000

Real Estate:$3,750,000*

Established:1984

*not included in asking price.

37318-Commercial Air Conditioning Install and Service

Get Financing Save Print Share Valuation Report

Business Description

Price to be determined. This commercial plumbing, heating and Air Conditioning business is located in West Texas and specializes in Commercial HVAC. They are authorized dealers of Carrier, Delta, Kohler and Greenheck Fans. The company has over 100 clients and has a minimum of 450K in EBITDA and strong growth trends. Licenses required to run this business are Plumbing, HVAC and Propane. The owners believe the Company’s customer base represents significant growth opportunities for an industry buyer. Ideally, potential buyers should have an existing brand and/or sales organization, which already has a presence with, or needs access to, the Company’s existing customer base. Additionally, since the business is not location sensitive, the buyer can eliminate a significant amount of fixed overhead and start-up costs by relocating the business to their facility. Call today for further details.

In business since 1984 with the current ownership, the current owners are ready to retire. This wonderful business offers a new owner consistency in supplier, good sales volume, market growth and profitability. The standard duties of the business owner with this company are, estimator, invoicing, supervision and quality control manager. This business could be operated in a hands-on or absentee fashion giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Currently out of their total revenues, Commercial, 90% of the Company’s HVAC, plumbing installation and service contracts are sold to commercial developers and property managers. While residential HVAC accounts for 5% and Residential Plumbing also 5% – according to the owner, an opportunity to expand into this market is available. Call today to learn more! Inventory, vehicles and equipment are included in the sale. More details are available upon request. Asking price falls between $1 mil to $2.5 Mil.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The property is owned, though a long term lease is preferred, a purchase might be negotiable. There are 2 buildings consisting of over 5,000 sq. ft. on .170 acres. The shop area is 3900 sq. ft and the storage is 700 sq. ft with the office being 500 sq. ft. The location has a small fenced-in yard.
Competition:
95% repeat clientele. They are recognized for their good reputation, reliability, strong customer base and great customer service
Growth & Expansion:
Installing larger service department for plumbing and AC repairs, plus sale more service contracts and start bidding larger commercial projects will all help a new owner grow the business and increase profit.
Financing:
Negotiable up to: 10.00 %
Support & Training:
Most likely key employees will stay on after the sale. The owner will be available for a reasonable transitioning period.
Reason for Selling:
Approaching retirement.

Listing Statistics for Premium Members

Ad#:1248425 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Buyer Division

Business Listed By:
Buyer Division

IAG

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings