Successful, Growing HVAC Co. in Fast Growing N. TX area!

Midlothian, TX

Seller Financing Available

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Asking Price:$1,295,000
Established Year:2010
ASSET SALES DESCRIPTION

Nedrow Business Advisors is proud to present this Family-Owned growing HVAC Company located in Midlothian TX. The company was started in 2010. They currently run four trucks with 8 total employees including 4 techs.
Midlothian is a BOOMING AREA on the south end of the DFW Metroplex that has continued extensive room for growth!
The company has a customer base of 4000 homes and currently has about 400 Maintenance Agreements in place with repeat/recurring customers.
The Owner would like to sell 70-75% of the business and retain 25-30% equity in the company and continue to grow the business with a growth minded partner!
The company does 95% Residential service, repair & replacement with no new construction and only about 5% Commercial work.
The three year average Adj. EBITDA for 2022,2023,2024 (Pace) is $315,000.
This is a GREAT OPPORTUNITY for someone to enter into the HVAC space with a equity partner that is still young and wants to grow the business with a like minded individual or as an add-on to an existing HVAC or Plumbing Company!!


DETAILED INFORMATION
Location
Midlothian, TX
Facilities
The current facility is 4000 sf with 3000 of warehouse space and 1000 of office space. The company leases the space for $2000 per month on a month to moth lease but could be converted to a long term lease.
Financing
Negotiable
Support & Training
Owner is fully involved in the business and plans to stay involved as an equity partner.
Reason for Selling
Owner seeking equity partner to assist in growing the business
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Craig
Nedrow
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Craig Nedrow