web analytics
Home | AUSTIN | Industry News | Five down …

Five down …

image Lucas Novak

AUSTIN - When Lucas Novak’s co-ownership of San Marcos (SM) Air Conditioning Inc. hit the five-year mark last year, he breathed a small sigh of relief.

 

 

 

 

 


    “That’s a huge milestone,” he acknowledges. “You hear that all the time in business, that if you can make it five years, you’re doing well.”
    While the milestone is notable, his reaching it comes as little surprise. He is part of three generations who worked in general construction and grew up helping dad Mike Novak in his construction-related businesses. After graduating from Baylor University with a finance degree, Lucas worked in energy savings construction with a focus on energy upgrades in air conditioning. This led him to launch a division at Mike’s general construction company concentrating on energy performance upgrades.
    Although business was good, Lucas was subcontracting much of the mechanical work and wanted to increase cash flow. With Mike, he purchased San Marcos Air Conditioning Inc. from William Mann, who had owned the mechanical contracting business for 26 years. Without uprooting any of Mann’s original employees in the transition, Lucas set about accomplishing his vision. In the five years since, he has doubled employee size to more than 50, quadrupled revenue (with the bulk of that being in construction), updated technology and processes and significantly grown the business’ residential service side.
    With Mike as board chairman assisting him with a strategic vision, Lucas is ready for the next milestone.
    “There’s a huge emphasis on the next five years; we’re trying to double the size,” Lucas says. “We’re really wanting to grow, to have a better ratio on the service side of business. We’re putting a lot into that.“
    San Marcos (SM) Air Conditioning Inc. is a commercial and residential HVAC contractor. –mjm


Need a Reprint?


   
Author Info

Melissa Jones-Meyer dfweditor@constructionnews.net