Details - Information last confirmed on April 30, 2021
This firm has been representing the top-quality HVAC manufacturers for decades, providing full-service engineering sales throughout Texas and the southwest portion of the United States. With a primary focus on selling to hospitals/medical buildings, commercial buildings, industrial plants, and multi-family housing, the company offers a variety of products, including but not limited to complete HVAC systems, heat exchangers, boilers, pump systems/packages, regulating valves, pressure monitors and water filtration systems.
Exclusive territory agreements with vendors provide for some price protection, a very tenured staff allows for continuity, and seller will assist with transition. The business has been operating on auto pilot for the last few years, with a very generous commission program provided to sales staff.
The business currently operates with very little owner involvement, so there is tremendous upside opportunity to grow the business with a more aggressive ownership approach. However, a buyer will need to bring engineering expertise to the business to support the sales growth effort!
Revenue of $929,673
Owner earnings of $50,006 as an absentee owner. Another $50k - $75K available to a “selling owner” involvement in the business.
Asking price of $249K
Seller may provide minimum financing for qualified buyer.
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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.