Extremely organized and profitable HVAC company located in a very stable/ growing county in Texas. This company is well run by the current owner with help from a Profit coach. The company focuses on quality and not price. The current owner has systems in place that will make for a smooth transition. Over 90% of the company's business is in the residential market with no new construction. Approximately 65% of the company's business is made up of retrofits.
| Listing No: MBFS-600405445 | |
| | |
| Category | : | Construction | SIC | : | 1711 | |
| Detail | : | Contractor A/C & Heating | Price | : | 1,000,000 | |
| County | : | Collin | Down | : | 200,000 | |
| State/Prov | : | Texas | Adj Net | : | 333,014 | |
| Country | : | USA | Sales | : | 1,971,293 | |
| Reason for Sale | : | Pursue other interest |
| General Location | : | Collin County, TX |
| Organization Type | : | Corp 'C' Hours Owner Works: 40 |
| | : | Years Established: 7 Years Owned: 7 Emp FT: 7 Emp PT: 1 Mgrs: 1 |
| Non Compete | : | Miles: 25 Years: 5 Weeks Training: 2 Cost: 0 |
| Operating dys/hrs | : | Mon-Fri 7am-7pm, Closed Sunday, on call 24/7 |
| Skills/Licenses | : | Marketing,Mgmt, Sales & gen biz skills. HVAC skills helpful |
| Business is | : | Relocatable: Y Home Based: N Franchise: N Lender P/Q: N |
A Dozen Due Diligence issues with Plumbers and HVAC Contractors for Sale in Texas
In addition to financial matters, a buyer interested in a HVAC or plumbing contractor for sale in Texas should consider discussing many of the following issues with the shop owner or their business broker:
How is the new construction market at this time?
Air conditioning contractors and plumbers are often dependent on new construction for full loading.
How does the company find new employees?
Plumbing and HVAC contracting require certified skills.
Is there any customer concentration?
While repeat customers are vital, having any single customer amount to more than 20% of sales is a weakness.
Is there a potential rental business?
Air conditioning contractors can rent temporary units while repairs are underway.
Has the air quality market been addressed?
Monitoring and maintaining air quality is becoming more significant as health and terrorist concerns increase. This is a natural extension for an air conditioning contractor.
How are sale split between residential and commercial accounts?
The industry is evenly split.
What seasonality might be expected for sales?
Residential work can be especially seasonal.
Does the company do any design work?
Design is becoming more important in larger AC contracting projects.
Does the company do its own metal work?
Custom duct work is a profitable line in AC contracting.
Does the company address mold?
Mold is the fastest growing market for Plumbing and AC contractors
How does the company attract new business?
This is especially important with a new construction down-turn.
What technology might improve operations?
Many HVAC and Plumbing contractors have utilized the internet for both purchasing and soliciting project work.
Resources for HVAC and Plumbing Contractors for sale
Air Conditioning Contractors of America
Plumbing-Heating-Cooling Contractors Association
How to Conduct Market Research (SBA)
Frequent Questions about Texas Sales Tax
Confidentiality Policy
As business brokers, we protect the identities of the businesses, the business owners and prospective buyers until we receive completed, signed Confidentiality Agreements and personal or corporate financial statements providing proof of the buyer’s financial competence to meet the down payment. We understand that the sale and purchase of businesses must be held in the strictest confidence to give the involved principals the opportunity to advise employees, customers and others of the transfer when they feel the time is appropriate
For additional information contact Bob Fariss
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