Closed transaction · June 2019
BradTex Air Conditioning & Heating
MDR & Associates took BradTex Air Conditioning & Heating, an air conditioning and heating company, through to closing in June 2019.
The transaction
- ClosedJune 2019
- SectorHome services
- TradeHVAC
- Represented byMDR & Associates
Afterwards
In the owner's own words
Our experience with MDR & Associates was first class! We were extremely impressed from the first time we met the team at MDR. They are experts in selling businesses and will most definitely give you valuable advice! The entire process was smooth from first discovery meeting until the wiring of funds. Their goal is to facilitate the sale of your business for the best price and terms as quickly as possible. If you’re ready to sell your business, call MDR & Associates. They do what they say and my wife and I couldn’t be more pleased with the results.
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Get a free valuation snapshotWhat decided the price
What buyers look at in an HVAC company
Maintenance agreements
The closest thing this trade has to recurring revenue. Buyers ask for the number of active agreements, the renewal rate, and what share of replacement jobs come from those customers.
Replacement against new construction
Residential service and replacement earns a higher margin and repeats. Builder and new-construction work follows the housing cycle, so buyers value it lower.
Who holds the license
A Texas HVAC company operates under an air conditioning and refrigeration contractor license issued by TDLR. If that license is yours personally, the buyer needs a licensed person in place before closing, not after.
The full list, and who the buyers are: Selling an HVAC company in Texas.
The record
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