How to Buy AC, Heating or Plumbing Companies
Finding an existing business could be the first step in your journey to financial freedom in the home services industry, but like most things, this tends to be easier said than done. We often hear from customers who are interested in learning how to get their hands on an established HVAC business and want to know where to begin finding the right HVAC or plumbing business for sale.
The professionals at PlumbAmatic are here to help you get on the right track to finding your forever business.
We don’t get paid by anyone in the business of marketing or selling businesses
We are not plumbing business brokers
We don’t sell plumbing businesses
We are 100% unbiased in everything we do
Most businesses for sale are listed by a business broker. A business broker is basically a real estate agent for selling businesses. The primary function of a business broker is to market the business and find a buyer. Business brokers work for the seller, get paid by the seller, and protect the seller's interest.
Finding Plumbing & HVAC Businesses for Sale
There are two common ways to find new plumbing or HVAC businesses for sale:
Talk to your banker, your accountant, and the account managers at supply houses. Often these people will become aware of businesses that are for sale before they even hit the market.
Account managers at plumbing & HVAC suppliers also have an excellent pulse on which businesses are thriving, which businesses aren’t, and who is ready to retire. The initial step of asking around may land you a great opportunity before a broker gets their hands on it.
Just like searching for a home, brokers use the internet to list plumbing, HVAC, electrical, and other home service businesses for sale.
Below are a few trustworthy website resources that post HVAC, electrical, and plumbing businesses for sale.
Finding the best HVAC business listings
When identifying potential targets, it’s important to remember that business listings are generally made up of the following information:
General description of the business
General information about the business
Approximate financial information
Brief details of the deal
You’ll notice many of the listings on these sites will be similar.
Remember, a business broker is only as good as his or her ability to find a buyer. They are marketers who write catchy headlines and make the business sound as good as they can without saying too much.
Business brokers will be quick to point out how good the business is, how great the market is, how affluent the customers are, how easy it will be to grow the business, how easy it is to run, and how profitable the business is. They will naturally minimize negative values about the business such as logistical problems with location, a negative online reputation, or hidden costs.
Want to know how to buy a plumbing or HVAC business?
Its time to build an empire. Contact PlumbAmatic™ Today
Book Your Discovery Call