Residential HVAC Company - Well established, profitable

Lake Jackson, TX (Brazoria County)

Seller Financing Available
Residential HVAC Company - Well established, profitable

Asking Price:$279,000

Cash Flow:$136,700

Gross Revenue:$345,000

EBITDA:N/A

FF&E:$7,500

Inventory:$1,000

Real Estate:$775,000*

Established:1984

*not included in asking price.

Residential HVAC Company - Well established, profitable

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Business Description

A profitable provider of HVAC sales, service and installation, this company focuses on the more lucrative residential repair and replacement market. This would be a great opportunity for a technician looking to become an owner or for a larger existing business looking to expand into this growing sub-market about an hour's drive south of Houston.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
9,000
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Started by the current owner over 30 years ago, this profitable residential HVAC business has been a well respected provider of service and installation in it's local market. The owner now seeks to retire. Thee real estate used is available as an additional investment, it has several tenants and is an income producing property, approximately 9000sf valued at $775,000. Recent appraisal on real estate.
Competition:
There are about 8-10 competitors in the local area, but only 5-6 are viable competition, most of those are similar in size and scope. The population of the area continues to expand as local plants are spending billions of dollars in the next 3-5 years expanding, which of course drives employment beneficially.
Growth & Expansion:
Increasing demand as a result of local area job growth, add more technicians to keep up with demand.
Financing:
125000
Support & Training:
4 weeks
Reason for Selling:
retirement

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Bob Latham

Business Listed By:
Bob Latham

Transworld Business Advisors of Houston

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Sponsoring Broker:
Gerald G. Brisson

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