Absentee Commercial B2B HVAC Plumbing Services Business SOLD

Asking Price:  NEGOTIABLE 

Sales: $7,060,000

FF&E: $1,734,000

Inventory: $300,000

AR: $1,100,000

Adjusted EBITDA: $1,095,516

HVAC and PlumbingBusiness Description: This Dallas Fort Worth Texas Company is a 20+ year old full-service repair, replacement and maintenance HVAC and Plumbing Company serving the commercial market including data centers, standalone commercial buildings, mid to high rise office buildings, senior living centers, healthcare centers and multi-family buildings. The customers are primarily brand name companies and include banks and financial institutions, commercial real estate companies, technology companies, technology training, senior living, healthcare centers, and multifamily apartment owners. The Company focuses solely on repair, replacement and maintenance contracts and does no new construction work. The sales mix includes maintenance contracts, time and material work, quoted jobs (bid work), and ongoing repair and replacement for existing customers. THE COMPANY DOES NO NEW, GROUND-UP CONSTRUCTION.

How do I value my HVAC-Plumbing Services Business for Sale?

The Company’s employees run all day-to-day operations and the owner’s only involvement relates to providing financial and managerial support, such as approving a large capital purchase to update equipment (e.g. replace fleet of vehicles).  NOTE: All statements, figures, and values are subject to a prospective purchaser’s due diligence.

adamnobleSales are primarily repeat, recurring due to excellent long-term relationships between employees and clients. The Company’s employees run all day-to-day operations and the owner’s only involvement relates to providing financial and managerial support, such as approving a large capital purchase to update equipment. Sales are approximately split as 60% HVAC and 40% Plumbing, although it varies by year. Plumbing has no seasonality. HVAC Repair and refrigeration has a heavier summer season. The Company does no new, ground-up construction. The HVAC and plumbing service niche allows the Company to have repeat revenue streams with predictable and high margins.

The Company has significant service capabilities including the ability to service and replace Roof Top Units and chillers, back-flow testing, hydro jetting, enviro chambers, all controls, cooling tower replacements, medical gas certification, video inspection, and refrigeration.

SOLD  The market for SELLING YOUR profitable HVAC-Plumbing business in the Southwest is HOT. Strategic purchasers are searching for HVAC-Plumbing & related businesses that have verifiable positive cash flow and are properly priced. We generated a total of 245 Purchaser prospects. Only one of them was allowed to purchase this company, so we have 244 pre-screened Purchasers currently looking for an HVAC-Plumbing or related business to own, as soon as possible!  CONTACT US NOW TO VALUE AND SELL YOUR BUSINESS.

The business is on autopilot with trusted senior management operating the business. The owner is minimally involved in the business due to the trusted and capable management team. The business has ~140+ active, diverse customers with the top 10 customers accounting for approximately 55% of sales.

The owner plans to continue focusing on other business interests in preparation for retirement. The business has excellent books & records and can prove all sales & expenses.

HVAC-Plumbing Services Business Market and Competition: The industry is very competitive. Most companies competing in this space are similar sized or much larger. Some competitors offer a wide range of services or provide services in specific market niches. The Company focuses on creating relationships and bonds between Company employees and their customers based on quality work, fair pricing, integrity, & reliability.

Company focuses solely on repair, replacement and maintenance contracts: no new construction work. Focusing on this niche generates repeat revenue streams with predictable and high margins.

Growth & Expansion: The Company’s primary marketing strategy is to leverage its relationships with people in their industry and the real estate industry to obtain bid and quoted work as well as maintenance contracts. The Company does no advertising and relies on referrals from existing customers, relationships with building managers and real estate company executives plus referrals from customers of its affiliates. Sales are made through internal sales staff.

The HVAC and plumbing service niche allows the Company to have repeat revenue streams with predictable and high margins. The business is recession-resistant, and a new, energetic owner can further increase sales & profits in many ways such as: 1) Add non-HVAC/plumbing trades and offer cross-sale service, 2) Add additional salespersons, 3) Upgrade CRM, 4) Raise prices, 5) Scale into other geographic markets, 6) Increase local and regional market share by pursuing strategic acquisitions, 7) Improve website and social media presence.

“Extremely knowledgeable and Professional! Very Responsive as well. Excited to work with them again!”

Will Benoit, Zion Home & Building LLC

Support & Training: Seller will train a buyer for 4 weeks included with the purchase price. Operation training will be provided by the management team. The seller is willing to provide additional training or remain in an ongoing role at mutually agreed compensation..

Reason for Selling: Preparation for retirement.

Purchase Price: The asking price for the assets of the business is $NEGOTIABLE. If required by a commercial lender, the seller will consider financing up to 10% of the price to a purchaser qualified/approved by the Seller. All financing is to be personally guaranteed by the individual principals of a prospective purchaser. THE SELLER PREFERS TO SELL FOR ALL CASH. The assets include inventory at cost of $300,000, Accounts Receivables valued at $1,100,000 and FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $1,734,000. The price will be increased or decreased for actual inventory, work in process (WIP) and accounts receivable as of the sale date.

NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES. We know about many businesses that are for sale but might not be advertised. Check out www.adamnoble.com for more information and consider registering your criteria as a purchaser.

Concierge business brokerage and business valuation services to exceptional Dallas - Fort Worth business owners

For information, reference Dallas-Fort Worth Absentee Commercial B2B HVAC-Plumbing Services Business for Sale 20053 and contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161

Are you looking for a buyer? Search other buyers at SEARCH OUR BUYERS, email or call us to discuss your opportunity. It may fit another active buyer’s search criteria. Thinking of selling:  Contact us TODAY to Sell your Business 

For 3 decades, we have been guiding business owners and their families CONFIDENTIALLY to exit their HVAC Plumbing Services businesses with the BIGGEST paycheck of their life!

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