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69/100· Good Demo Listing

Residential HVAC Service & Install Company

Austin, Texas, USA HVAC Established 2004 18 employees

Business VerifiedRevenue VerifiedBroker Verified

Asking price

$1,450,000

WhatBiz estimated range $1,509,000 $2,143,000

Analyze this deal

Business overview

Revenue splits between service, maintenance plans and system replacements. A general manager runs day-to-day operations, so the owner works part time. The maintenance plan base creates predictable spring and fall workload and a reliable pipeline of replacement quotes.

Asking price
$1,450,000
Revenue (TTM)
$3,200,000
SDE
$480,000
EBITDA
$410,000
SDE multiple
3.02x
Cash-on-cash (unlevered)
33.1%
Recurring revenue
41.0%
Largest customer
4.0%

WhatBiz Score™ breakdown

Overall 69/100 — Good. Each dimension is scored independently and weighted.

Profitability42

Seller's discretionary earnings are 15.0% of revenue.

Valuation58

Asking price is 3.02× SDE compared with a common small-business range of roughly 2×–4×.

Financial Health72

22 years of operating history with a 12.8% earnings margin.

Growth Potential63

Reported revenue trend of +12% year over year.

Market Outlook84

Category-level demand outlook based on WhatBiz industry model (sample data).

Owner Independence74

Business is described as semi absentee with 18 employees.

Customer Concentration Risk100

Largest customer represents about 4% of revenue.

Financing Potential100

Seller indicates financing is available (about 15% seller-carried).

Scalability42

41% of revenue is recurring or contracted.

AI / Technology Disruption Risk88

Estimated exposure to automation and AI substitution in this category.

Valuation context

Comparable SDE multiples of 3.16x – 4.40x for HVAC produce an estimated range of $1,509,000$2,143,000.

  • Recurring revenue: 41% recurring revenue is around or below category norms.
  • Growth: Revenue growing about 12% supports the upper end of the range.
  • Management in place: A business that runs without daily owner labour is worth more to most buyers.
  • Operating history: 22 years of history reduces perceived risk.
What's included
  • 11 wrapped service trucks
  • Diagnostic equipment
  • Maintenance plan agreements
  • Trained technician team
  • CRM and dispatch software
Growth opportunities
  • Add indoor air quality and duct sealing upsells
  • Expand into light commercial rooftop service
  • Increase paid search spend — currently minimal
Reason for sale
Owner is relocating and has other business interests.
Competition
Competitive metro market with several private-equity-backed consolidators.

This is demo data provided for product demonstration. Figures are illustrative, are not verified, and are not an offer to sell a business. WhatBiz analysis is educational and is not financial, legal, tax or investment advice.

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