Stable Family-Owned HVAC Co. located in Ada OK. w/ Growth Potential!
| Asking Price: | $1,495,000 |
| Established Year: | 1995 |
Very Stable HVAC Co in Ada Oklahoma. Great Potential for Growth!
This family-owned HVAC Company is located in Ada OK. and serves Ada and the surrounding areas.
This company has been built on word of mouth referrals, quality of work and family values which represent the area of central Oklahoma as a whole.
The business was founded in 1995 and has enjoyed a very stable customer base and consistent revenues.
In this area of Oklahoma there are several small towns that rely on this company for their HVAC service and the opportunity for growth can be captured in several ways.
Currently the company does not service customers on weekends or after hours. Adding the ability to service customers on weekends and after hours is an easy growth opportunity.
Additionally, the company does not currently have a website and does not advertise. Adding a website, creating a social media presence and advertising would drive new revenue to the business.
Ada is located about an hour from OK City and in the surrounding area there is a lack of HVAC companies to service the population.
This company also has their own sheet-metal shop with all the equipment needed to run the shop. Some of the equipment includes: a 10ft brake, a 4ft box & pan brake, a 52 inch stomp shear, a spot welder, a pin spotter, 2 Pittsburg machines, a lock former, a 20ft electronic lift, and a duct hoist. There are also 3 trucks, a 14ft enclosed trailer and a 12ft flatbed trailer included in the sale of the business. There is around $200,000 in FFE and Inventory which will all be included in the sale.
The breakdown on the business is about 80% Residential service, repair and replacement with about 20% Commercial. The company does very little new construction.
The last three year average EBITDA is $370,000 with an average top line revenue of just over $1.5M!
The owner is ready for retirement. He is willing to stay in transition for a period of time and will sign a non-compete moving forward.
This company has very consistent revenue, with a good customer base and still has room for growth!
