HVAC Service Provider, Spring, Texas
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Asking Price
$700,000
Detailed Information
Texas
Business Description
Established in 2006 and with 18 years of experience, this HVAC company in Spring, Texas provides high-quality services and installations for residential and small commercial projects. With a solid reputation for excellent service, the company has become a trusted name in the industry. Sales have shown strong growth, reaching $0.8 million in revenue with a $150K SDE in the TTM period, and projected to increase to $1.1 million in revenue with a $190K SDE in 2023, representing a CAGR of 11.5% from 2021 to 2023. The company's customer base consists mainly of satisfied residential clients who provide a steady stream of business through word-of-mouth referrals and relationships with property managers. Services generate 60% of revenue, while new installs contribute 40%, with 20% of service revenue coming from maintenance contracts. Payments are typically made promptly upon completion of service. Operating with a lean team of 2 W2 employees
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Listed By:
Name : Jason Hullender
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