MergerPlace

Profitable Permian Basin (Texas)

Texas


  • Asking Price: $850,000
  • Gross Income: $1,221,502
  • Cash Flow: $379,728
  • Real Estate: $1,600,000
  • Inventory: $108,296
  • FF&E: $220,794
  • Listing ID: #203682
  • Established: 1994
  • Employees: 8 FT/1 PT

Business Description

This company has been serving the heating, air conditioning and refrigeration needs in the Permian Basin area and surrounding communities since 1994. This includes the sale and service of heating and air conditioning equipment, as well as commercial refrigeration - walk-ins, reach-ins and ice machines. The company provides commercial refrigeration service, which keeps work steady during cooler months when air conditioning work drops off.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Texas

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT/1 PT

Financial Information

Asking Price: $850,000
Gross Revenue: $1,221,502
Cash Flow: $379,728
FF&E: $220,794
Inventory: $108,296
Real Estate: $1,600,000
Seller Financing Available: No

Property Information

Facilities:

The company moved from an office/warehouse of 3,000 square feet to an office/warehouse consisting of 7,500 square feet. This consists of 2,500 square feet of office space and 5,000 square feet of enclosed warehouse space. There is an additional 2,500 square feet of covered space. Also, there are two 20 foot and two 40 foot shipping containers used to store equipment and condenser units. The facility is located in an industrial section of town, with excellent visibility from a high traffic street. The Real Estate is not included in the asking price, but the owner is open to selling it.

Growth & expansion opportunities:

The owners feel that there is still significant potential for growth. The Company's service area is growing and as it does, in addition to the current residential and commercial customers they have, new restaurants are potential new customers.

Competition:

There are a number of companies in the area that compete with them, but not all of these companies compete in all product and service lines.

Reason for selling:

Retirement.

Support & Training:

Will train for 12 weeks @ no cost. A new owner would be required to have a Texas Air Conditioning and Refrigeration Contractors license. Other than that, basic management and organization skills would be essential.

Contact Business Seller

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Business Listed By:

Rich Giles

Murphy Business Brokers