Business Overview

This is a well-established and highly profitable heating and air conditioning business located in Northern Oklahoma that’s available to a qualified buyer. The business is an established fixture in the marketplace for decades.

The Business provides services to both residential and commercial customers with a current blend of 80% commercial & 20% residential.

The company has a strong pipeline of work and is careful to only commit to projects that they can provide an excellent service.

The business can be relocated to a more visible location with a larger concentration of people and homes. This would greatly increase their service business.

For more information please contact John Small. 210-688-4813

Financial

  • Asking Price: $2,500,000
  • Cash Flow: $690,000
  • Gross Revenue: $4,580,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

Retirement

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. However, the genuine reason vs the one they tell you may be 2 entirely different things. As an example, they may claim "I have a lot of various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in profits, or a range of various other factors. This is why it is really crucial that you not depend completely on a vendor's word, but instead, make use of the seller's response along with your overall due diligence. This will paint a much more realistic image of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many companies borrow money in order to cover things like inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that earnings margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new clients? Often times, operating businesses have repeat customers, which create the core of their everyday profits. Certain aspects such as brand-new competitors growing up around the area, roadway building and construction, as well as employee turn over can affect repeat customers and also adversely impact future earnings. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning customer base. A final thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the local mean home earnings effect future income prospects?