Summary
- Asking price:
-
$165,000
- Sales revenue:
- $559,000
- Net profit:
- $50,000
- Years established:
- 30
Business description
This owner operated HVAC contractor has been located at current facility for 25 years. They have enjoyed a very reputable business which consists of 90-95% residential accounts in Hood and Somerville Counties for decades. New construction makes up approximately 56%, with retrofit adding 32% and the balance of revenue coming from service related calls.
Property information
- Real Estate:
- Lease
- Location:
- Owner owns existing 2,950 sq.ft metal warehouse in excellent condition on approximately 3/4 ac with offices. May be leased or purchased at a negotiated price. FFE includes, among other items, 3 work trucks, tech supplies and Roto brush duct cleaning and inspection equipment.
Other information
- Expansion potential:
- Service contracts, duct cleaning and commercial accounts are key markets to establish. Equal mix of new builds and service related repair provide for steady stream of revenue.
- Competition / Market:
- Business is located in a very popular Fort Worth suburb and continues to experience above average growth. Competition is respective of the population yet current owner is authorized supplier for high end manufacturer. Few contractors of this type have longer standing custom builder relationships. Current business model allows for easy transition. Supplier agreements, employee longevity, solid business model and reputation in the industry allows for immediate ROI.
- Support & training:
- Yes
- Reasons for selling:
- Retirement
- Furniture / Fixtures value:
- $37,000
- Inventory / Stock value:
- $5,000