Cool! Below Market HVAC business! Just Reduced!

Contact Seller
Asking Price:
$400,000

Gross Revenue:
$832,808
Cash Flow:
$165,874
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$100,000
included in asking price

Share this business:

Business Description

This HVAC business is a residential and light commercial heating and air conditioning contractor. They provide preventive maintenance, repair, change out and new installation of heating and air conditioning systems. They have become very proficient installing ductless splits system for both residential customers for spot cooling and commercial customers for server rooms. The business was started by the current owner in 2002 and serves the Ventura County area of Southern California. Most of their business comes from referral and repeat customers, and they have been voted the “Best of City” for 4 years now.

The company provides installation and service to residential and a broad range of light commercial customers. Approximately 60% of their business is to residential customers, and 40% to commercial clients. Their residential customers span a broad range of categories, from low income to high end, multi-million-dollar homes. Commercial customers include healthcare facilities, the oil fields, assisted centers, and financial institutions, to name a few.

About the Business

Location:
Ventura County, California
Year Established:
2002
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$1,950.00 Per Month
Facilities:
The business operates out of an approximately 2000 sq. ft. office and warehouse space. They have a 2-year renewable lease. Net lease payment is currently $1,950 per month. They are currently utilizing approximately 75% of the space, leaving room for future growth.
Growth & Expansion:
The addition of a sales person and/or estimator would be the next staff addition to grow the business to the next level.
Contact the Seller

About the Sale

Reason For Selling:
The Owners would like to pursue other interests.
Training/Support:
The owner is committed to ensuring a smooth and successful transition to the new owner. He will introduce the Buyer to all the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. Understanding the complexities of their operation, the owners are willing to train a new owner for 6 weeks at up to 32 hours per week.
Seller Financing:
The owner will consider financing up to 10% of the sales price for a qualified buyer

Listing Info

ID:
1596288
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Steve Barnett

KeyStone Business Advisors
License# 01931814

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Dave Richards
KeyStone Business Advisors
License# 01475633


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.