Popular HVAC Company in Northern California - SC2078

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Popular HVAC Company in Northern California - SC2078

Listed by Business Broker
Popular HVAC Company in Northern California - SC2078

Asking price $175,000

CA


Cash Flow: $12,400

Gross Revenue: $231,240

EBIT DA: No Data

FF&E: No Data

Inventory: No Data

Established: 2013

Type: Independent

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


Business Description:

 Financial Information

  • Asking Price: $175,000
  • Gross Revenue: $231,240
  • Cash Flow: $12,400
  • Down Payment: NEGOTIABLE
  • FF&E (Not Included): N/A
  • Inventory: N/A
  • Financing: Yes

 Business Location

  • Sacramento
  • Confidential
  • California
 

Primary Business Category: Plumbing, Heating, and Air-Conditioning Contractors

This Northern California based Heating, Ventilation & Air Conditioning (HVAC) Company is a California Sub-Chapter S Corporation and has been in operation for 9 years under the current ownership. They provide all services (new installation, service, repair and maintenance) on Heating and Air Conditioning systems, for residential applications as well as light commercial and small office buildings. They service and repair HVAC zoning and install whole house fans. They are a Better Business Bureau (BBB) A+ rated contractor. Whether it is Air Conditioners, Heat Pumps, Gas Furnaces, Residential Package Systems, Programmable Thermostats or Indoor Air Quality, they can provide it all.


Competition Description

There is competition in the market, but also plenty of opportunities. While this company is not a "large player" in the market, they offer all of the services for HVAC and do both residential and light commercial services. They do have a superior rating, customer service, and reviews compared to many in the market.


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 local newspapers, the internet, and their website. Growth can be obtained by increased marketing efforts and also by adding installers and technicians to the company. They currently service approximately 300 clients per year, have a total installed base of 500+ clients, and have been adding 50 – 100 clients per year. They have an excellent reputation in the market, an excellent website, and connections to property management groups as well as general contractors. They have excellent ratings on all social media and ranking platforms.


Support / Training Comments

The Seller is willing to train the new owner for up to 2 weeks at 30 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms.


Financing Comments

Seller financing if available would be structured as no more than 50% financing to be carried over 3 years at a mutually agreed-upon interest rate.


  • Home Based: No  
  • Year Established: 2013  
  • Franchise: No  
  • Year Acquired: 2013  
  • 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 - Friday  
  • Hours Open: 8:00 am to 5:00 pm  
  • Fulltime Employees: 2  
  • Part-time Employees: N/A  
  • Is Management Staying: No  
  • Distressed: No  
  • Monthly Payroll: ON REQUEST  
  • Building Size: 1,600 sq. ft.  
  • Monthly Rent: $1,300  
  • Lease Expires: 01/01/2024  
  • Lease Miscellaneous: Sellers staying at the location

 

Broker: ProEquity Asset Management Corporation License ID: 01870526


Selling Reason:

Sellers would like to pursue other ventures.

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