Established HVAC & Plumbing Services Serving Lubbock, TX
Listing Number: 76931-679813
Listing Details
- Down Payment: $1,000,000
- Sales: $1,007,779
- Seller's Discretionary Earnings: $379,832
- Inventory: $18,300
- Furniture, Fixtures, and Equipment: $186,300
- Employees: 4
- Year Established: 1999
- Reason for Selling: Retiring
Business Description
Established in 1999 (rebranded in 2009), this is a full-service residential and commercial plumbing and HVAC company with a diversified revenue mix of approximately 40% plumbing and 60% heating and air-conditioning. The business operates with four full-time employees and has historically grown through service quality and referrals, remaining busy year-round with seasonal demand spikes during peak summer and winter months. Seller would like to exit the business and will not stay on long term or rent his license to new owner.
The company serves a mix of residential customers and commercial accounts; specific customer names are omitted for confidentiality. Growth opportunities include expanding preventive maintenance and filter plans into a formal recurring program and adding targeted marketing to supplement referral volume. The Company spends $0.00 on advertising. The business operates from an owner-occupied facility totaling approximately 4,800 square feet plus an additional 725 square feet on the second floor; the real estate is available with an indicative asking price of $515,000.