Niche Commercial Refrigeration & A/C Contractor

San Mateo County, CA

Niche Commercial Refrigeration & A/C Contractor

Asking Price:$489,000

Cash Flow:$211,895

Gross Revenue:$1,568,698





*not included in asking price.

Niche Commercial Refrigeration & A/C Contractor

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Business Description

Specialty Wine Cellar, Bio-Tech Refrigeration and More!

San Francisco Bay Area Commercial Refrigeration & A/C specializing in Niche markets including the wine industry.

40 year successful Heating, Ventilating, and A/C contractor servicing the San Francisco Bay Area focusing on commercial niche markets including Wine Cellars, Bio Tech, Water Chillier Systems, Refrigeration Systems, Design Build Systems.

This business has 6 FT well trained multi-talented employees, and 1 PT employee and enjoys referral business from a diverse source of business referral partners. Excellent opportunity for an aggressive marketing plan and higher web presence to take this business to the next level. This, along with pursuing potential service contracts from existing and new customers.

Seller ready to retire and will provide training to help with successful transition. Buyer should have knowledge of engineering and technical information in the refrigeration and HVAC industry. Contractors C20 & C38 license.

FFE included in price

Detailed Information

Not included in asking price
6 FT, 1PT
The facility is divided into 2 buildings, 1400 sq ft for office, warehousing and receiving and 675 sq ft for manufacturing and testing, with a flexible lease centrally located for clients served.
The business has a loyal customer base and well known reputation due to excellent systems and procedures. 40 plus years in the industry help to provide a competitive advantage as a refrigeration company paying high attention to their quality of calculations and installations.
Growth & Expansion:
55% of the revenue is from HVAC services for commercial (75%) and residential customers (25%). The remaining 45% of the company’s revenue comes from installation and maintenance of refrigerated Wine Cellars. The vast majority of the wine cellar installs and sales are high-end executive type residential homes. Most are in the Bay Area with some business in Southern California, and through out the US to the East Coast. Excellent opportunity for entrepreneur in the industry to purchase an up and running profitable business and learn from 40 years of experience in the Refrigeration and HVAC business. Also, a great opportunity to expand the footprint of an existing business in the industry.
Support & Training:
Seller will negotiate a transition period
Reason for Selling:

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Randy Hendershot

Business Listed By:
Randy Hendershot

Evolution Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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