Successful 26 year old HVAC business in Tarrant County

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Successful 26 year old HVAC business in Tarrant County
Asking Price:
$343,000

Gross Revenue:
$431,383
Cash Flow:
$155,185
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
included in asking price

FF&E:
$33,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Recession Proof HVAC business in Tarrant County servicing both residential and small commercial accounts for the last 26 years. Great cash flow and lots of repeat and referral customers. Excellent service and customer reviews. He has grown it to 6 trucks at one time now streamlining it to a manageable 2 working vans. And netting more than ever.

About the Business

Year Established:
1993
Number of Employees:
2
Facilities:
Company began in 1993. By 2005 the company had grown to 6 full time work vans with 8 employees and gross sales of $875,000.
In 2008 the business streamlined services to 4 vans with 4 full time employees, with owner doing dispatch and office work. Growth was not the primary concern as much as "serving" the customer was the focus.
In 2011 owner required some time away to address family matters. In 2013, they dropped to 3 full-time vans and 3 full-time employees. Customer retention was so good that advertising was cut 85%. The customer base continued to grow most years matching new customers VS loss due to customer relocation.
A happy medium was found with the owner stepping out more into the field several days a week now with 2 full time and 1 part time employee.
In 2017 the owner experienced some health problems that decreased gross income by 17%.
However, in 2018 gross sales grew to a 5-year high operating 2 work vans.
Market Outlook/
Competition:
With Tarrant County growing as it is the market will continue to grow. We believe we do a “professional job” we deserve a “professional price “ and not always the highest price on the market. Treating customers with their best interest in mind. As you would like them to treat you. This will help keep our customers and grow your referrals from customers.
Growth & Expansion:
Historically added 1 new van each year and 1 new employee
since 2000 sometimes 2 employees annually.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1613905
Ad Detail Views:
0

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Business Listed by

Linda Broom

Transworld Business Advisors Grapevine

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Sponsoring Broker:

J. Darrow Graham
Transworld Business Advisors Grapevine

U.S. Census Data for Tarrant County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Tarrant County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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