Asking Price: $1,200,000 Gross Revenue: $4,414,353Cash Flow: $502,184EBITDA: $375,184Inventory: $20,000 not included in asking priceFF&E: $150,000 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.
HVAC-R sales and service. This business is different than most HVAC services in that it has specialties that give it a competitive edge. The business does replacement HVAC systems for tract homes, but prefers to do new systems for large homes and estates that require multiple systems. The staff includes engineering design to ensure that the system is optimized for the building. The company provides service for commercial refrigeration in restaurants, grocery stores, convenience stors, office buildings and industrial buildings. Another specialty is refrigeration systems for wine cellars. This actually provides repeat business because these systems need to be replaced approximately every 5 years due to the corrosive air from the wine. Profit from these small, specialized systems is about the same as profit from replacing a whole house system in a tract home but takes much less labor. The company services industrial boilers for heating and process steam systems. The last specialty is geothermal heat pump systems, which may be the biggest opportunity for the future. Starting in 2020 all new residential homes in California must use zero net energy - that means that each home must produce as much electricity as it uses. Geothermal heat pumps are the most efficient systems available, so increased use of geothermal systems is anticipated. The company is well-positioned to grow because it has been installing and servicing geothermal systems for over 10 years, and is also a distributor of geothermal heat pump systems, providing a second profit opportunity each time a system is sold. The office employees are non-union and the field personnel are union.
About the Business
Santa Clara County, California
Number of Employees:
Building Sq. Ft.:
$3,250.00 Per Month
3,250 square foot industrial space in a multi-unit light industrial building
Its specialties minimize competition as most HVAC companies focus on replacement of systems in tract homes. This company has several specialties: wine cellars, large homes & estates, commercial refrigeration and geothermal heat pump systems. This company has highly skilled technicians and its own wholesale distribution company. It is a leader in geothermal, which is a growing market. Also, just added boiler service.
Growth & Expansion:
Plenty of opportunity to grow with proactive marketing and excellent reputation for service.
HVAC-R Contractor with Wholesale Equipment Distribution
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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
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