Full Service Commercial & Residential HVAC! (38008)
Asking Price: | $950,000 |
Gross Revenue: | $1,042,372 |
EBITDA: | $230,213 |
Established Year: | 1991 |
Cash Flow: | $294,744 |
Inventory: | $5,000 |
FF&E: | $82,089 |
Significant Upside! Great reputation! 33 years and going strong! Servicing a strong area of Oklahoma, this business specializes in the sale, installation, repair, and maintenance of heating, ventilation and air conditioning systems. The company has a diverse client base; commercial projects account for approximately 60% of sales, 30% is the residential market, and industrial projects are at 10%. With high ratings, the licensed HVAC Contractor reached total Revenues of $1,042,372 in 2023 alongside Discretionary Earnings of $294,744 and EBITDAs of $230,213. Every year has shown an increase and that’s with only word of mouth, no advertising. Smart marketing could double or triple the business’ revenue and profits. As a home-based operation, the supplies and equipment are stored on the vehicles with same-day suppliers to provide the inventory per project. The area is a growing, family-friendly area with an abundance of urban parks, landmarks, cultural exhibits, and recreational activities. Growing the reliable team to the next level will not be difficult with the thriving local economy. An experienced team of five nonunion employees are cross-trained and likely to remain post-sale. There is a significant opportunity to easily grow the business. While a large and recurring customer base brings in regular referrals, great opportunities exist to maximize outreach by launching a website, increasing engagements across social media, and other popular marketing efforts. Owner will consider self-financing with a significant down payment for the right buyer. Doing business within a 100-mile radius and in a bedroom community 10 miles from the airport, this is a can’t miss opportunity! Owner will consider remaining past transition period for the right buyer and offer. This one is a keeper!