Company focused on the installation of air conditioners and heat pumps

Praha, Czechia

listing nr.: 240011

Photo is illustrative
Valuation 90 000 € (2 280 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
313 000 €
HistoryDuration of business operation.
5 year
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
30 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
2

Basic information

The subject of the sale is a 100% share in the company, focused on the provision of installation services of quality air conditioners and heat pumps of the brands Toshiba and Daikin. The main specialization of the company is specifically air-to-water heat pumps, as it is a field with higher added value and less competition. The company has been operating since 2019.

The company’s clients include end customers, state institutions, but also architects and construction companies, who regularly contact the company with orders for their customers. The company cooperates with a proven wholesaler, in which it orders units, but also the associated material required for installation. The brands that the company installs – Toshiba and Daikin are quality Japanese brands with decades of experience in the field (first and fourth best-selling in the world). The company has all valid authorizations to do business in this field – it is a licensed trade. Some permits and certifications are tied to a person, so it is necessary to find another responsible person with the new owner.

The company’s economy is stable, in 2023 there was a more fundamental increase in profit. The amount of profit in the following years depends on economic and geopolitical developments, but according to the owner, this EBITDA is certainly sustainable. Despite the unexpected development in the world, which has a great influence on local demand, the company’s sales grew year-on-year. In the field of installations, profits from one order are quite significant. From one installation of a heat pump in a family house, it is higher than tens of thousands, when the installation normally takes only 1-2 days. Considering that large investments are not needed now, according to the owner, the growth in sales, and therefore profit, is sustainable.

The company maintains its own CRM with client contacts, which will be part of the sale. It addresses these clients with regular service. In 5 years, there are more than 240 customers from the ranks of end users, but also companies and state institutions. The company relies on maximum customer satisfaction so that they keep coming back, and this is also successful according to Google ratings , list, etc. The company mainly covers the Czech Republic. It mostly rejects orders from Moravia in order to be able to provide high-quality and fast service within a driving distance of approximately 2 hours from Prague. The company serves approximately 50-60 new and returning customers annually. Annual sales are generated from new orders, but also from regular and ad-hoc services, in which the company takes care of these customers. The company carries out most installations in the spring-autumn period, due to certain seasonality of construction works.

The company currently operates with two full-time employees, one of whom is the owner. However, his role will need to be gradually replaced after his departure, he is currently working full-time in the company and, as part of his role, mainly carries out professional development of proposed solutions and offers, client care, partial administration (e.g. warranty certificates, etc.). The second technician will remain with the company after the sale.

This is a prosperous company in a very interesting field, which started business shortly before covid and is in a phase of organic growth. The owner is best looking for interested parties who are already running a business in the field, or have an education or are currently employees and want to start a business in the field. The current experienced employee will be part of the transition to the new owner. The owner of the company will no longer figure in the company, but consultations are possible by agreement. The ideal candidate will therefore be someone who is looking to buy an established company, wants to work with high-quality technologies and provide 100% quality and service to their customers and thus continue the work they have started.

Overview of the company’s financial results

 

Tangible property

  • Peugeot Boxer work car including own branding
  • equipment of a technician’s work car (approx. CZK 200,000)

Intangible assets

  • website with keywords on page 1 of Google
  • set Google campaigns
  • domains
  • valid business licenses in the given field
  • know-how

Rentals

  • for the morningprivate spaces are used, which are not part of the sale.

Employees

  • 1 full-time technician
  • 1 senior technician = owner
  • accountant for external cooperation
  • marketing/administration/subsidies for external cooperation
  • associated craft work (masonry, painting, etc.) for external collaboration

Indebtedness

  • no debts, no leases

Total annual sales

  • 2020: CZK 5.3 million (first full year of business)
  • 2021: CZK 5.4 million (a year strongly affected by covid)
  • 2022: CZK 6.0 million
  • 2023: CZK 7.9 million

Economic result before taxation

  • 2020: CZK 0.8 million (first full year of business)
  • 2021: CZK 0.7 million (a year strongly affected by covid)
  • 2022: CZK 0.3 million
  • 2023: CZK 0.8 million (preliminary)

Note: We present the economic result, adjusted for sales from DHM.

Other information

  • History: 5 years
  • Reason for sale: personal and health reasons
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.
I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).