IN ESCROW - Profitable, Longstanding HVAC Contractor

Los Angeles County, CA

Seller Financing Available
IN ESCROW - Profitable, Longstanding HVAC Contractor
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Asking Price: Get Financing: $495,000

Cash Flow: $179,366

Gross Revenue: $1,099,803

EBITDA: N/A

FF&E: N/A

Inventory: $15,000

Lease Rate: $2,250 /SF/Month

Established: 1975

IN ESCROW - Profitable, Longstanding HVAC Contractor

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Business Description

IN ESCROW - Profitable, Longstanding Heating and Air Conditioning Contractor serving the San Fernando Valley and San Gabriel Valley areas of Los Angeles County. Established in 1975, this turn-key company has a fleet of service trucks and long-term employees to handle a mix of residential and commercial accounts. Approximately 200 customers are on annual maintenance contracts ensuring steady workflow throughout the year. This company installs and services products from most major HVAC manufacturers and enjoys many referrals for new business from those suppliers, as well as a steady stream of customer referrals. The business is located in a seller-owned freestanding building with offices, workshop and parking, on a major street in their prime service area. The business includes a fleet of four (4) trucks with service bodies, along with a complete package of Furniture, Fixtures and Equipment including a fully equipped workshop and office. Some working inventory is included. The owner of this business since 1977 is preparing to retire. Good Books and Records and strong goodwill from customers and suppliers. Seller will provide training and will offer a long-term lease to the new owner of this Profitable Heating and Air Conditioning business. C20 Contractor License is required to operate this business.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Henry Weaks at Henry@HenryWeaks.com or 310-430-9626 to receive a confidentiality agreement and learn more about this opportunity to purchase a Profitable, Longstanding Heating and Air Conditioning Business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
7
Facilities:
Business is located on a main thoroughfare in the communities serviced. Free-standing building with offices, workshop, storage and parking.
Competition:
There is some local competition but few have the excellent reputation and longstanding customer base that this company has.
Growth & Expansion:
This business has grown primarily through referrals. New Owner can grow the business with increased sales and marketing activity.
Financing:
Seller will consider seller finance for a qualified buyer.
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Seller is preparing for retirement.
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Henry Weaks

Business Listed By:
Henry Weaks

M&A Business Advisors

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
Matt Coletta, CBB, CBI, M&AMI

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