This profitable and long-established Heating, Air Conditioning & Refrigeration Company serves customers throughout Southern California. Their 27 commercial customers, with most having multiple locations, are in the retail, food service, automotive and financial services industries. They provide expert service, preventive maintenance, repair and retrofits of all major heating, air conditioning and refrigeration brands. The average size of their client’s units is 7-1/2 to 15 tons with some at 30. Revenue is 95% commercial with 90%+ of their work being repeat and referral. The average length of service for their employees is over 6 years.
Real estate is owned separately and is available for lease at its current below market rate. C-20 and C-38 Contractor’s licenses are required to operate the business and the owner is willing to continue as an RME with their licenses.
Their unique business model coupled with very efficient 24 hour dispatch, quote and billing systems results in above average profits. Their Yelp rating is 5 Stars. Excellent accounting and tax records with few add backs. Pre-approved for SBA funding.
Financial Information
$695,000
Asking Price
$379,413
Cash Flow
$1,407,117
Gross Revenue
On request
Down Payment
Business Location
City:
Southern California
State:California
Reason for Sale
Retirement
Detailed information
Year Established:1990
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 11
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: No
Monthly Rent:
$3,700
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 4980
FF&E Included?: Yes
FF&E Value: On request
Training/Support
Seller will negotiate a transition period
Facilities
4,980 sf facility at a below market monthly lease cost of $3,700 plus taxes and association fees.
Business for this profitable and well-established specialty trades contractor is booming. They serve general contractors, business and home and owners...