This Northern California based Heating, Ventilation & Air Conditioning (HVAC) Company is a California Sub-Chapter S Corporation and has been in operation for 14 years under the current ownership. They provide all services (new installation, service, repair and maintenance) on Heating and Air Conditioning systems, for residential applications. They also do Hot Water Heaters as well as Insulation installation. They also offer Indoor Air Quality Management by providing whole-home air cleaners, air purifiers and other filtration systems. They have an Annual Maintenance Program that is available to the 6,000 plus customers they have, which offers a type of recurring revenue to the business.
This business has many repeat customers and a great website for marketing and also via word of mouth. They advertise on various platforms, including Yelp, Next Door, Facebooks, Google, Angies List and BirdEye. Growth can be obtained by adding more individuals to their Annual Maintenance Program, expanding geographical territory served, and potentially going into the Commercial and Industrial market. Growth can also be increased by adding more employees for expansion.
Financial Information
$749,000
Asking Price
$213,477
Cash Flow
$738,299
Gross Revenue
Yes
Financing
Business Location
City:
Northern California
State:California
Financing Comments
Seller financing is available up to 25% of the purchase price at 6.5% interest over 5 years. The amount financed is dependent on the purchase price and the quality of the Buyer.
Reason for Sale
Sellers would like to pursue other ventures.
Detailed information
Year Established:2008
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$40,000
Monthly Rent:
$1,780
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2500
FF&E Included?: Yes
FF&E Value: $275,000
Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Seller is willing to provide additional training at mutually agreed upon terms.
Facilities
Days Open: Monday - Saturday
Hours Open: 8:00 am to 5:00 pm
Market Outlook/Competition
Key differentiators include their impeccable reputation, honesty, integrity and customer service. They offer a “boutique approach†to heating and air conditioning.
CA 02100708
NV 1003039