HVAC Commercial and Industrial Contractor in AZ
Arizona/PhoenixFinancials
- Price: $0
- Gross Income: $16,984,000
- Cash Flow: $1,797,997
- FFE: $0
- Inventory: $0
- Real Estate Value: $0
- Source Data:
About the Business
- Listing ID: #hvacaz
- Year Established: 1996
- Financing:
- Training:
- Facilities:
- Competition:
- Growth: Excellent growth
- Employees:
Property Descriptions
**Strategic Buyers and Private Equity Groups in the sector are preferred. The Business is a premier HVAC contractor in Arizona. Founded in 1996, it focuses on service, repair, replacement, and installation of air conditioning units in the industrial, government, and commercial sectors, both for new construction and maintenance/service. The Company’s specialties include planned maintenance programs for air conditioning and heating systems as well as system service and repair. Its service and repair division is truly a 24/7 endeavor with a fleet of service trucks and technicians available any time a need arises. It also offers a highly acclaimed HVAC, and mechanical systems review and evaluation services, as well as maintaining an enviable safety rating through rigorous safety training for Commercial HVAC Services. The Company’s new construction division thrives on exceeding the expectations of their general contractors and owners by completing projects on time and addressing issues before they arise. Services: Air conditioning/ Heating Service (**up to 120 Tons), Air Quality, Cooling Tower & Chiller Replacement and Installation, Equipment Replacement and Installation, Ductless and VAV Systems, Ductwork Installation and Piping, and IOT (Internet of Things). Core Competencies: New construction Installations, Maintenance / Troubleshooting, 24/7 Emergency Service / Repairs, Retrofit / Replacement, Air Distribution / Ducting, Exhaust Systems, and Chillers / Piping. The primary source of new sales is repeat customers and referrals. The Company employs two full-time estimators and department managers who are engaged in all markets. They are managed by a General Manager who directs the sales and marketing efforts. The day-to-day operations are managed by a team of 4 Managers, (Service, New Construction, Piping, and Industrial), reporting to the General Manager. Leadership training (career advancement training) is available and encouraged for field employees. The very low work comp EMOD is very attractive to large private corporate clients, general contractors and government agencies. Current clients include all levels of government branches, medical and educational campuses as well as private corporations. The Company has a superior name and reputation and is highly rated and recognized as offering industry leading products and service. Its customer base has over 800 active contractors and clients. Its streamlined operations and company structure, it is well positioned for outstanding growth opportunities. Prime Regional Market: The Business is well positioned in one of the growing real estate regions in the country, which represents premium customer markets for the new construction/renovation industry. Located in a market where tech companies (Intel, a large chip manufacturing plant, Microsoft, etc.) are migrating, enables it to participate in the growth in these outlying valley communities. According to IBISWorld, having seen slight growth through the end of 2024, revenue for the heating and air-conditioning contractors’ industry is influenced by changes in per capita disposable income, interest rates, consumer spending and a host of other drivers. HVAC contractors operate a steady business thanks to the necessity of their services and regular repair and maintenance work. Government support, including Qualified Improvement Property (QIP) tax write-offs, has aided revenue growth. Following historically low rates, interest rate hikes have weakened residential and nonresidential markets since 2022. The elevated cost of borrowing has reduced residential and commercial construction, causing revenue to decline in 2023. Overall, revenue for heating and air-conditioning contractors is expected to creep upward at a CAGR of 0.8% during the current period, reaching $133.7 billion in 2024, when revenue is set to climb 1.2%. Overall, revenue for heating and air-conditioning contractors is forecast to rise at a CAGR of 1.9% during the outlook period, reaching $146.8 billion in 2028, while profit is set to see tepid growth amid continued labor shortages.
Business Listed By
Vasilis Georgiou 7700 Irvine Center Drive, Suite 800, California, Irvine
- E-mail : georgiouv@crossroadsbusiness.com
- Web : https://crossroadsbusiness.com
- Phone : 949-753-2825
- Company : CrossRoads Business Brokers Inc.
- Listings : 13