Top Rated HVAC & Services Opportunity

This acquisition opportunity is a top rated, heating and air conditioning Company located in Tarrant County Texas. The company is known for its outstanding service, well-educated technicians, and phenomenal customer service. In addition, the Company provides residential and commercial HVAC and Plumbing sales and service. The owner is looking for a partner who is going to push help him to the next level, either by teaching him and/or providing support in this business for growth. If the buying group doesn’t have the expertise to do that, then by financially backing him to help the buyer to build a corporate team and a structure to enhance and optimize their portfolio of existing businesses and future acquisitions using centralized processes, procedures, practices, and support. Seller would love to discuss the options with the appropriate buyer. They provide services to both residential and commercial customers with a current blend of 70% residential and 30% commercial revenues. They typically have 2-4 commercial contracts at any one time in their pipeline. They also have a very large project starting in the fall of 2020 contracted over $3.5M. • Custom Software enabling service/work flow Management : They currently use Service Titan and spent $50k to create automations that allows them to operate with less indirect labor overhead. This automates payroll, job costing, revenue per tech, revenue per lead source, purchase orders, etc. There is only a handful of companies in the country who have automated to this extent via custom service titan work flows. • Strong Employee Training Program • HVAC Services include : o Air Conditioner/Heating o Boilers and Chillers o Refrigeration o Building Automation • Plumbing Services include : o Drain Cleaning o Gas Plumbing o Hydro Jetting o Sewer Cleaning o Gas Leak Detection & Repair o Water Heater Repair & Replacement o Water Leak and Pipe Repair o Fixture installations o Tankless Water Heater repair and replacement The Company provides services to residential and commercial customers. The normal mix of services provided is approximately 60% commercial business service, replacement and maintenance; and 40% residential service, install, repair and replacement. However, with the purchase of a Residential HVAC business in 2019, there has been a shift closer to a 70% Residential and 30% commercial revenues in 2021. They currently have a very large project that started in the August of 2021 with a projected contract revenue of $3.5M. This new project is billing at $250K to $350K per month at the current time. Location: Fort Worth, Texas Year Established: 2015 Number of Employees: 26 Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $5,416.67 Per Month Facilities: There is a 2000 SF office in Ft Worth and a 4000 SF warehouse nearby in North Richland Hills. Both locations are owned by the seller. They will offer market value rental leases as part of the sales transaction. The Warehouse Real estate property is optional for purchase for $600,000.