Semi Absentee Run HVAC Company in Northern California SC2075

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Listed by Business Broker

Asking price $749,000

CA

Cash Flow: $213,477

Gross Revenue: $738,299

EBIT DA: No Data

FF&E: $275,000

Inventory: $40,000

Established: 2008

Type: Independent

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090

Business Description:

This Northern California-based Heating, Ventilation & Air Conditioning (HVAC) Company is a California Sub-Chapter S Corporation and has been in operation for 14 years under the current ownership. They provide all services (new installation, service, repair and maintenance) on Heating and Air Conditioning systems, for residential applications. They also do Hot Water Heaters as well as Insulation installation. They also offer Indoor Air Quality Management by providing whole-home air cleaners, air purifiers and other filtration systems. They have an Annual Maintenance Program that approximately 10% of the 20,000 plus customers subscribe to, which offers a type of recurring revenue to the business.

Competition Description

Key differentiators include their impeccable reputation, honesty, integrity and customer service. They offer a boutique approach to heating and air conditioning.

Growth / Expansion overview

This business has many repeat customers and a great website for marketing and also via word of mouth. They advertise on various platforms, including Yelp, Next Door, Facebooks, Google, Angies List and BirdEye. Growth can be obtained by adding more individuals to their Annual Maintenance Program, expanding geographical territory served, and potentially going into the Commercial and Industrial market. Growth can also be increased by adding more employees for expansion.

Support / Training Comments

The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Seller is willing to provide additional training at mutually agreed upon terms.

Financing Comments

Seller financing is available up to 25% of the purchase price at 6.5% interest over 5 years. The amount financed is dependent on the purchase price and the quality of the Buyer.

Home Based: No
Year Established: 2008
Franchise: No
Year Acquired: 2008
Willing to Train: Yes
Relocatable: Yes
Required Licences: C20 HVAC LIcense

Is Property Leased: Yes
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Real Estate Asking: N/A
Days Open: Monday - Saturday
Hours Open: 8:00 am to 5:00 pm
Full-time Employees: 3
Part-time Employees: N/A
Is Management Staying: No
Distressed: No
Monthly Payroll: ON REQUEST
Building Size: 2,500 sq. ft.
Monthly Rent: $1,780

Broker: ProEquity Asset Management Corporation License ID: 01870526

Selling Reason:

Sellers would like to pursue other ventures.

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