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HVAC Businesses
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Commercial HVAC Company

Utah, United States
Asking Price$721k
Revenue$893k
EBITDA-
Cash Flow$266k
Description
The company is a commercial HVAC service that provides fast and reliable service to long term clients. They specialize in preventative maintenance contracts (30+ current contracts) with building owners that include tune-ups, diagnostics, checking, fixing, and replacing filters, belts, freon, and more. Another major service provided is the installation and maintenance of Alerton brand DDC (Direct Digital Control) HVAC systems. Various other projects are added to their workload throughout the year when needed. The company has a very reliable base of revenue and has grown steadily since 2014 with 2021 being a down year due to a hold on new projects starting in 2020 related to Covid restrictions. Revenues are directly related to current relationships with building owners. There is no budget for marketing or advertising as it is not necessary. The ideal new owners should have extensive experience in HVAC and all related licenses necessary to do work in the state of Utah. Established HVAC companies looking to grow through acquiring maintenance contracts would be a good fit.
Real Estate
Leased
Number of EmployeesFull-Time: 2
Year Established
2014
Reason Selling
Retirement
Support & Training
Owner will assist for up to 1 year from date of closing.
Market & Competition
Zero budget currently spent on sales development or marketing.
Growth Opportunities
Prices charged to clients for labor have not increased since 2014. Cost of labor can be increased significantly while still under bidding competition. The company rarely takes advantage of sub-contractors. Opportunities to take on complete jobs requiring different skilled trades have been turned down in the past. Expanding to offer residential HVAC services has not yet been explored.
Asking Price$721k