Asking Price: $400,000 Gross Revenue: $832,808Cash Flow: $165,874 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $100,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Ventura County, California
Number of Employees:
Building Sq. Ft.:
$1,950.00 Per Month
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.
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.
The owner will consider financing up to 10% of the sales price for a qualified buyer
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.