KB Valuation
Business Valuation Report
Generated by the KB Deal Intelligence Engine using normalized EBITDA and industry-specific transaction multiples.
Estimated Valuation Range
$3.6M
Conservative
$4.4M
Fair Market Value
$5.5M
Premium
3.9x EBITDAAsking: $4.8M (4.6x)5.9x EBITDA
EBITDA Multiple Applied
3.9x – 5.9x
Industry: Home Services · DFW Market
Normalized EBITDA: $1.05M
Range: $1.05M × 3.9–5.9x
Result: $4.1M – $6.2M
Range: $1.05M × 3.9–5.9x
Result: $4.1M – $6.2M
Deal Structure Recommendation
Primary: SBA 7(a) Loan
Buyer brings $480K cash (10% down) · SBA bank loans $4.32M (90%) · Seller gets full price at close · 10-year term
Alternative: Blended Structure
75% SBA · 15% seller carries a note · 10% buyer cash down · Maximizes seller proceeds
Business Narrative
Legacy HVAC Services represents a compelling acquisition opportunity in the Dallas-Fort Worth home services market. With 18 years of operational history, a recurring residential customer base of 2,400+ clients, and demonstrated revenue growth of 35% over three years, this business exhibits the durability that sophisticated buyers prioritize. The owner-operator model creates a clean transition opportunity for a qualified buyer with operational experience in skilled trades.
Risk Factors
Owner DependencyMedium
Owner manages 3–4 key commercial accounts directly
Revenue ConcentrationLow
No customer exceeds 8% of annual revenue
Market CompetitionLow
4.2* Google, dominant brand in DFW home services
Value Drivers
Recurring Contracts42% of revenue
Residential service agreements, predictable cash flow
Customer Database2,400+ households
Proprietary CRM with full service history
Tenured Tech TeamAvg 7yr tenure
14 licensed technicians, runs without owner
Comparable Transactions, Texas HVAC
| Business | Revenue | EBITDA | Multiple | Sale Price | Closed |
|---|---|---|---|---|---|
| DFW HVAC Co. | $2.1M | $480K | 4.1x | $2.0M | 2024 |
| Austin Climate Control | $5.3M | $1.1M | 5.2x | $5.8M | 2023 |
| Houston Air Pros | $3.2M | $720K | 4.6x | $3.4M | 2024 |