Twenty Five Plus Year Established And Mechanical Business For Sale

Overview

  • Business services, Services
  • Property Type

Description


Listed by:


Beacon

Twenty Five Plus Year Established And Mechanical Business For Sale

Harris County,
Texas, US

Asking Price:

$340,000

Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$552,144
Cash Flow:
$116,235

The company is a HVAC business based in Harris County, Texas, that has been serving the community since 1997. The company has gained a strong foothold in the industry by providing top-quality installation, repair, and maintenance services to both commercial and residential clients. With a team of highly skilled professionals available 24/7, the company has become a go-to provider for standard and emergency HVAC needs.

The business primarily generates income from maintenance contracts with commercial clients, which historically made up approximately 70% of their revenue. Seeing an opportunity to boost margins, the owners decided to focus more on residential customers. Currently, the business’ revenues are split 50/50 across commercial and residential. If a new owner wanted to get back into primarily servicing commercial accounts, the transition would be easy and the owners are happy to assist.

The business is a turn-key operation that presents an excellent opportunity for strategic buyers or individuals seeking to enter the HVAC industry. With a loyal customer base and a reputation for quality service delivery, the business is well-positioned for continued success in the industry. Their expertise in both air conditioning and heating units in homes and businesses allows them to provide comprehensive HVAC solutions to their customers.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease is set to expire in November, 2023. The owner will assist the new owner in securing a favorable, long-term lease at the current location.

Leasehold Rent:

$1,050 per annum

Location:

Located North of Houston, Texas

Premises Details:

The leased property currently acts as a 1,500 square foot office space for the business with space for inventory and equipment. A new owner could operate the business from a home office and garage, as inventories and equipment are minimal.

Size in square feet:
1,500

Business Operation

Expansion Potential:

The business has several avenues for growth, including optimization of digital and traditional marketing. For optimization of digital marketing, a new owner could leverage social media advertising and Google Search Engine Optimization (SEO) in order to gain more clients.

The business could also achieve growth by expanding their current service offerings. Including plumbing work, electrical work, or both services would exponentially increase the customer list for all services, in turn increasing revenues for the company overall.

Competition / Market:

The business is able to set itself apart from the competition by serving their clients quickly and completely. The business provides services 7 days a week, including emergency services. In addition to their fast and complete service, the business provides transparent pricing to customers and offers discounts, something which most competitors do not offer. As a result of these practices, the business maintains a strong lifetime customer retention rate, in turn leading to referrals and business growth.

Reasons for selling:

Retiring

Employees:
4
Years established:
1997

Other Information

Support & training:

The current owners are willing to stay on for up to 3 months to help with the transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The current owner is willing to finance a portion of the transaction.

Website:
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Address

  • City Hong Kong

Details

Updated on March 16, 2023 at 9:34 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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