Established HVAC and Power Generator Service Business in KCMO
| Asking Price: | $2,000,000 |
| Gross Revenue: | $3,000,000 |
| Established Year: | 2005 |
| Cash Flow: | $465,000 |
| EBITDA: | $465,000 |
Project HVAC is a full-service provider specializing in sales, service, and installation of HVAC equipment and emergency standby generators for both residential and commercial customers. In the emergency standby generator market, they serve both commercial and residential segments, with a stronger focus on the commercial side.
Highlights:
- Company Growth: Immediate opportunities include utilizing marketing and advertising which they currently don’t do, adding a dedicated generator salesperson, and contacting contractors and engineers directly. Additionally, expanding to another region, moving to a larger facility and carrying inventory, becoming a licensed electrical contractor themselves, and hiring more service techs could create significant growth.
- Market Channels: Customers are both residential and commercial with minimal fluctuations year to year. No single customer is over 20% of revenue and they do have one perpetually renewing MSA with a commercial client.
- Barriers to Entry: Key relationships built over decades with vendors and customers, a fleet of service vehicles, and an incredible reputation for premium quality service are all significant barriers to entry.
- Competitive Advantages: They have exclusive status with a large HVAC manufacturer for distribution rights in the KC Metro Area and a central location with ease of access to three main Interstates making it easy to quickly get to customers. Standard of excellence and proven track record are their key differentiators.
- Management and People: There are 11 employees with 2 fully certified technicians on staff and a great management team in place.
- Industry Growth: The global HVAC systems market size was estimated at USD 233.55 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. The U.S. generator sales market size was valued at USD 6.10 billion in 2023.
- Financials: No customer over 20% of Revenue, strong asset base, and an excellent candidate for SBA financing.
