MergerPlace

Growing Res. & Comm. HVAC & Plumbing Co.

Arizona


  • Asking Price: $1,500,000
  • Gross Income: $2,961,000
  • Cash Flow: $444,914
  • Real Estate: $260,000
  • Inventory: $65,000
  • FF&E: $120,000
  • Listing ID: #208198
  • Established: 2003
  • Employees: 12

Business Description

HVAC and Plumbing Services and Installation Company founded in 2003. The company has a sterling reputation for excellent service and high customer satisfaction ratings. The company is certified for both residential and commercial services and all team members are EPA Refrigeration certified. The company has been experiencing year to year growth with 2018 looking to be an even better year. The first quarter revenue of 2018 shows an increase of 25% over the same period in 2017. The previous owners did not offer plumbing services but the current owner has added those services to the mix which is an area where he expects excellent growth. Plumbing services include line jetting, repiping, back flow testing, tankless water heaters, hybrid water heaters, water filtration systems and other plumbing repair services, for residential and commercial customers. The company offers affordable service programs to it's customers which includes tune ups, one for the cooling and one for the heating systems. Certifications include SRP Certified Contractor, North American Technician Excellence (NATE), Angie's List Super Service Award, Trane Comfort Specialist, and APS Qualified Contractor. The company is a dealer for Trane, Lennox, Bryant, Day & Night, and other brands of Air and Heating Systems. THE REVENUE FOR THE FIRST EIGHT MONTHS OF 2018 IS CLOSE TO THE TOTAL REVENUE FOR ALL OF 2017 AND THE MODIFIED EBITDA IS $514,149.
PROSPECTUS AVAILABLE. Contact Arnie Lakeyn, M&A Intermediary, arniejlakeynpc.com, 602-316-8712 cell, 480-776-5831 direct office line. WUSA Designated Broker.


Business Details

Primary Business Category: Services - Other Services
Location: Arizona

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $1,500,000
Gross Revenue: $2,961,000
Cash Flow: $444,914
FF&E: $120,000
Inventory: $65,000
Real Estate: $260,000
Seller Financing Available: No

Property Information

Facilities:

2,892 sq. ft., office is 714 sq.ft., 2,178 sq. ft. of warehouse space, 20,800 sq. ft. lot with fenced in yard.

Growth & expansion opportunities:

Hire a few more employees to be able to pick-up more business and open more commercial accounts, add electrical, hire a chiller specialist to be able to extend more of the commercial portion of the business.

Competition:

Other HVAC and Plumbing companies.

Reason for selling:

Has investments and owns a business in Europe which requires travel time.

Support & Training:

Two forty hours work weeks at no charge. Additional seller involvement to be determined.

Contact Business Seller

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Business Listed By:

Arnie Lakeyn

Arnie J. Lakeyn, P.C.-The Paragon Group