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  1. #1
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    What is the largest business?

    I was wondering what the largest heating, AC, plumbing, & electric businesses were? Curious who has built a really large business and how they were able to do it.

  2. #2
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    I would start with this, tell us what you have concluded. Thinking of starting your own mega corp?

    https://www.contractormag.com/sites/...100_rev1_0.pdf
    Signature removed Violated rule #15

  3. #3
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    Thread Starter
    Haha not thinking of mega corp... just wondering as most home hvac, plumbing, electric contractors are usually just one location. Curious if there were large companies that were built up

  4. #4
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    Quote Originally Posted by homeowner1432 View Post
    Haha not thinking of mega corp... just wondering as most home hvac, plumbing, electric contractors are usually just one location. Curious if there were large companies that were built up
    Weren't they all built up?

  5. #5
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    Large companies are usually built up using acquisitions.
    [Avatar photo from a Florida training accident. Everyone walked away.]
    2 Tim 3:16-17

    RSES CMS, HVAC Electrical Specialist
    Member, IAEI

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  6. #6
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    In my area... there are a handful that run ENDLESS radio adds...

    They are ALL expensive and rip-offs!

    Best deal is a small to med size shop, where you get the SAME person coming out every year!
    GA-HVAC-Tech

    Your comfort, Your way, Everyday!

  7. #7
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    Quote Originally Posted by stat View Post
    Weren't they all built up?
    And Obama had everything to do with it
    Officially, Down for the count

    YOU HAVE TO GET OFF YOUR ASS TO GET ON YOUR FEET

    I know enough to know, I don't know enough
    Liberalism-Ideas so good they mandate them

  8. #8
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    Speaking of large HVAC companies - does anyone know anything about:

    Comfort Systems USA, Inc.
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

  9. #9
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    Quote Originally Posted by homeowner1432 View Post
    I was wondering what the largest heating, AC, plumbing, & electric businesses were? Curious who has built a really large business and how they were able to do it.

    I think the general nature of HVAC businesses are small businesses, especially when talking about the residential side. I believe it will continue to be that way in general. The term small business may have a specific and possibly legal meaning but I believe in general that when an HVAC company reaches maybe 50 people even it is becoming a relatively large company.
    I have seen growth by companies by mergers, buying out other companies, expanding related services like plumbing and electrical services and by just expanding their customer base by beating smaller companies out to homes when a no heat or no cooling situation arises.
    Signature removed Violated rule #15

  10. #10
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    Quote Originally Posted by Poodle Head Mikey View Post
    Speaking of large HVAC companies - does anyone know anything about:

    Comfort Systems USA, Inc.
    Doesn’t Comfort Systems USA Just buy up companies?

  11. #11
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    Quote Originally Posted by Bombboy90 View Post
    Doesn’t Comfort Systems USA Just buy up companies?
    Comfort Systems was mainly a broker, and they began acquiring and setting up their own techs, in order to take all of the third party profits for themselves...by eliminating one of the parties.

    Of course, today they cannot fail to pay their own people, and they are finding out just how hard it is to hire, train, and retain a technician workforce. They strive to pay low and profit high, but that has not worked out so well for them. They were doing better when they used good contractors who did good work.

    The problem, from their perspective, is that those contractors were taking some money off the table....money they thought that they should be keeping for themselves.

    It has been over two years since they called us with anything...and that is fine with me. They were another low-pay broker who thought they could do it better.

    Sadly, they were wrong.
    [Avatar photo from a Florida training accident. Everyone walked away.]
    2 Tim 3:16-17

    RSES CMS, HVAC Electrical Specialist
    Member, IAEI

    AOP Forum Rules:







  12. #12
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    I was just reading their annual report and some other research materials. And, just as a publicly company, they seem to be maximizing net profits per employee and making a nice return on assets. And they carry about half the debt that is typical for large construction companies.

    Aaon has done nicely over the last ten years or so (as a stock) and so I was just looking for something else in this industry. Comfort Systems USA just hit my radar so I thought I would ask you all as I had never heard of them before this week.

    PHM
    -----------


    Quote Originally Posted by timebuilder View Post
    Comfort Systems was mainly a broker, and they began acquiring and setting up their own techs, in order to take all of the third party profits for themselves...by eliminating one of the parties.

    Of course, today they cannot fail to pay their own people, and they are finding out just how hard it is to hire, train, and retain a technician workforce. They strive to pay low and profit high, but that has not worked out so well for them. They were doing better when they used good contractors who did good work.

    The problem, from their perspective, is that those contractors were taking some money off the table....money they thought that they should be keeping for themselves.

    It has been over two years since they called us with anything...and that is fine with me. They were another low-pay broker who thought they could do it better.

    Sadly, they were wrong.
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

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