Lucrative HVAC Business in Harris County Texas
Business Description
30+ year old HVAC company is looking to retire while leaving their customers in good hands.
Highlights:
Over 200 active service contracts, ensuring recurring revenue.
Several large-scale contracts with established commercial and industrial clients.
Consistently EBITDA and strong profit margins, outperforming industry averages.
Highlights:
Over 200 active service contracts, ensuring recurring revenue.
Several large-scale contracts with established commercial and industrial clients.
Consistently EBITDA and strong profit margins, outperforming industry averages.
About the Business
- Years in Operation
- 33
- Employees
- 3
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- The business has recently removed their office lease space and currently only maintains a location where inventory and other materials are stored.
- Market Outlook / Competition
- Industry Indicators
The value of US nonresidential construction spending, a demand indicator for HVAC and plumbing contractors, rose 7.40% year-to-date in October 2024 compared to the same period in 2023.The value of US residential construction spending, which impacts demand for HVAC and plumbing contractors, rose 6.90% year-to-date in October 2024 compared to the same period in 2023.
Industry Forecast
The value of US private and public building construction, an indicator for plumbing and HVAC contractors, is forecast to grow at an annual compounded rate - Opportunities for Growth
- Current growth for HVAC companies in Texas is unchecked. Growth is outpacing inflation.
Companies in this industry install and service heating, and air-conditioning equipment. Major companies from the US include ARS/Rescue Rooter, Comfort Systems USA, EMCOR, and TDIndustries.
Global demand for plumbing and HVAC services is increasing as economies progress and rising consumer inclination for comfort and luxury.
The global market is projected to reach about $370 billion by 2030 with a compound annual growth rate (CAGR) of 3.9% between 2020 and 2030.
About the Sale
- Seller Motivation
- Ownership is retiring.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $43,600 down.
Listing Info
- ID
- 2387215
- Listing Views
- 2512
Listing ID: 2387215 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for Sale Business Service Businesses for Sale Electr., Mech. & HVAC Contractors Businesses for Sale
Similar Listings
