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Residential And Light Commercial HVAC Company
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $670152
Net Profit / Cash Flow $87255
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 1 - 3
Inventory 11000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owner will provide necessary training and provide support to facilitate a smooth transition
Reason for Sale New career opportunity
Description This air conditioning operation has been serving residential and light commercial customers in the northern DFW Metroplex region since 1998. In that time they have grown to be one of the most well respected air conditioning companies in the area providing sales, repair and maintenance services.
They primarily focus on the design and installation/replacement of air conditioning systems, with additional emphasis on service of existing units. An exclusive arrangement within a specific radius with a large dealer is a valuable asset of the business. The company is known for their ability to provide immediate service (2 hour scheduling). In all, 60% of revenue comes from sales of new systems and 40% from service calls and planned service contracts. Approximately 80% of the revenue is generated in the summer months.
Approximately 90% of customers are residential, with the remaining being light commercial. The company has been focused on owning their market, which has led to 90% of their customers coming from primarily a 3 county area of North Dallas. They have based this strategy on the pure attractiveness of that area. The median household income is about $245,000 (double that of the state average) and the average age of a home is 15 years. All of these factors have allowed this company to establish a strong reputation through its outstanding work and service level and unparalled customer service.
A chief attribute of the company is the technology employed and this is a key component to separation from its competition. The 10,000+ customer database is all enveloped within a cloud based (internet accessible) system that can be accessed from anywhere in the world. The history of each customer is included in the database. Furthermore, the technician is equipped with smartphones that allow the technicians to tap into the company s master file that includes inventory on hand, supplier contacts and price.
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