Top-notch HVAC Services, Est. 2006 - Spring, Texas
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Asking Price
$700,000
Detailed Information
Southwester TX, Texas, US
Not Provided
NA
Business Description
Established in 2006, this HVAC company in Spring, Texas has been providing top-notch services for 18 years. With a solid reputation for excellence, it has become a trusted name in the industry, focusing mainly on residential clients alongside some small commercial projects. The company boasts a strong foundation, a proven track record, and hands-on management, making it an attractive investment opportunity. The company has seen consistent growth, with revenues projected to reach $1.1 million in 2023 from $0.8 million in the trailing twelve months. They have a loyal customer base, generated through word-of-mouth referrals and relationships with property managers. The business model comprises 60% service and 40% new installations, with 20% of service revenue derived from maintenance contracts, facilitating immediate payment upon completion. The company operates with 2 W2 employees, 3 contractors, and 2 active owners, utilizing 2 service vans and essential HVAC tools and equipment for efficient service delivery. Recognizing