Business Overview

(Under Contract)

30-year plus residential and light commercial HVAC installation and service business in Houston is available for sale due to the owner’s planned retirement. The business is owned by the original owner and enjoys an excellent reputation, low overhead, good referral network, and long-term employees and contractors.

The company has historically been run semi-absentee and consistently profitable. There is significant upside for an owner to grow the business by devoting full-time to the business and investing in marketing.

This is an excellent opportunity for an experienced service technician who desires to be an owner/operator or for an existing company looking to expand or branch out to HVAC services.

Requires HVAC Contractors License to operate the business. We have licenses holders who are looking to partner with investors if needed.

Seller financing is available on a case-by-case basis. $551,000 Price for Seller -Carry with 50% down.

Contact us now through the ad or by contacting the broker directly at jason@truview business.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

Financial

  • Asking Price: $399,000
  • Cash Flow: $159,404
  • Gross Revenue: $652,670
  • EBITDA: $159,404
  • FF&E: $25,000
  • Inventory: $3,000
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Office

Is Support & Training Included:

The current owner is offering training and support during the transition period.

Purpose For Selling:

Retirement

Pros and Cons:

Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.

Opportunities and Growth:

There are significant opportunities to grow the business including focusing full-time on the business, hiring additional staff, investing in marketing, and adding other services. Contact us to receive the Confidential Business Opportunity Report for further details.

Additional Info

The transaction does include inventory valued at $3,000, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. Nonetheless, the genuine factor vs the one they tell you might be 2 absolutely different things. For instance, they may claim "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in incomes, or a range of various other reasons. This is why it is really crucial that you not rely totally on a vendor's word, but rather, make use of the seller's response along with your total due diligence. This will paint a much more realistic picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover points like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that profit margins are too thin. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in new customers? Most times, companies have repeat consumers, which develop the core of their daily revenues. Specific aspects such as new competitors sprouting up around the location, road construction, and also personnel turnover can impact repeat customers and negatively influence future incomes. One important point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business often, the better the possibility to build a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Just how might the neighborhood mean home earnings effect future income potential?