Successful, Established Commercial HVAC-R Business for Sale

Las Vegas, NV (Clark County)

Successful, Established Commercial HVAC-R Business for Sale
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Asking Price: $1,000,000

Cash Flow: $330,000

Gross Revenue: $1,012,500

EBITDA: N/A

FF&E: $55,500

Inventory: $7,200

Established: 2009

Successful, Established Commercial HVAC-R Business for Sale

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Business Description

Longtime, loyal customer base with steady recurring income

Successful commercial HVAC-R business for sale by owner. Established in 2009 with a large customer base, long-term Preventative Maintenance contracts and many loyal, long-time clients. Customer base includes well known, Multi-national corporations, warehouse and industrial facilities, casinos, hospitals and healthcare settings, strip malls, c-stores, bars and restaurants. Services Offered: All aspects of Air Conditioning, Heating, Refrigeration, Hot side and General Mechanical services, providing regular and emergency services, maintenance, repair, replacement, retrofit and installation for existing structures. This successful and independently owned business has grown in both gross revenues and profitability to the owner year over year.

With a stellar reputation and long term client base, this is an amazing opportunity for the strategic buyer looking to expand into the Las Vegas Market from a reciprocal state, a Journeyman HVAC-R technician looking to branch out on their own, or an existing Las Vegas residential HVAC business or Plumbing shop looking to expand their market share. Seller is available to stay on as License Qualifier, Field Manager, and to assist with smooth transition for clientele as requested by buyer. Business Manager available to stay on for training in processes and procedures currently in place, if needed.

This business currently employs 3 highly qualified technicians and 2 mid-level technicians, in addition to the owner who works in the field, and 1 office staff. Company has 6 well maintained trucks/vans and a leased building of 2250 sq. ft. made up of mixed office and warehouse space. Interested buyers must sign NDA for financial data and client information.

Detailed Information

Location:
Las Vegas, NV
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased location of 2,250 sq. ft. with a total monthly rent of $1,850. Lease ends May 31, 2021. $7,200 in inventory and $55,500 in FF&E included in asking price.
Competition:
Sales focus on commercial facilities to include major corporate headquarter campuses, warehouse and industrial facilities, casinos, hospitals and healthcare settings, strip malls, c-stores, bars and restaurants. Limited competition in commercial-only HVAC-R market in Las Vegas offering same day service, electronic work orders with pictures, online customer portal, 1 year labor warranty, competitive hourly rates and recurring maintenance prices with highly qualified technicians.
Growth & Expansion:
Pros: Unlimited opportunity for growth and expansion as commercial-only HVAC-R contractor in Las Vegas. New businesses are popping up all over as neighborhoods expand. Also, with all the new pro sports teams, tourism is expected to expand, in turn leading to business expansion. Residential HVAC has down swings and slow seasons, but commercial properties are always in need for HVAC-R services year round and in our climate are more likely to adhere to a maintenance program. Cons: Competitive Labor market leading to higher payroll costs
Support & Training:
Owner will stay on as license Qualifier and Field Services Manager for transition period of 3 months. Will stay on as License Qualifier for an indefinite period, under agreement. Office Manager is available to stay on full-time under new ownership. C License is Required, owner.
Reason for Selling:
Other business interests
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Business Listed By:
Kirsten Castellanos

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