Details - Information last confirmed on October 5, 2020
This well run and profitable business provides HVAC and Refrigeration service, repair, and installation to customers across the Houston metro area. Approximately 95% of revenues are from commercial clients, including large restaurant chains, retirement communities, gyms, and small proprietorships. Most revenues are generated from scheduled preventative maintenance visits, equipment replacements, and repairs on both HVAC and Refrigeration equipment. During the slower winter months, they occasionally perform HVAC/Refrigeration installations associated with new construction projects.
Well structured for a new owner to assume control with a dispatcher and supervisor in place. Facility can be purchased or leased.
Ideal buyer will have industry experience and/or a master contractor license already.
Started in 2009 by an experienced contractor who was creating his second business and purchased in 2017 by the current owner. In 2019, they moved into a brand new 6000 square foot facility, on an acre sized lot with covered storage. This facility is currently underutilized and can support future growth in both office and field staff (4x+). The business has grown from $1 million in revenue in 2016 to $1.8 million in 2019. Although impacted by COVID due to restaurant clientele, they expect to reach this level again in 2021.
Commercial warehouse with office space, lots of paved area and covered storage.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.