MergerPlace

Commercial HVAC-R Contractor

California


  • Asking Price: $750,000
  • Gross Income: $2,924,214
  • Cash Flow: $285,158
  • Real Estate: $3,250
  • Inventory: $88,000
  • FF&E: Not Disclosed
  • Listing ID: #214247
  • Established: 1991
  • Employees: 12 FT 2 Owners

Business Description

Specialized HVAC-R contractor serving Silicon Valley and San Francisco Peninsula. Specialties include design, sale, installation and service of complex, multi-unit HVAC systems for large residences and estates, wine cellars, commercial refrigeration for grocery retail, and geothermal heat pump systems.

The business has numerous certifications such as Diamond Certified, North American Technician Excellence certification (NATE). Technicians are highly educated and certified.

Owners are selling to retire. One owner is a Master Technician and is willing to work for up to one year for transition and training of his replacement. 2018 business performance is substantially up with SDE for the year $509,000 after subtracting $150,000 for a master tech to replace the second owner. All field employees are union, office workers are non-union.

The company is poised for growth because of the California Net Zero Energy program that will cause increased sales of high-efficiency HVAC systems such as geothermal heat pump and water heating systems. New residential homes constructed starting in 2020 must generate as much energy as they consume.

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 Greg Carpenter at greg@mabusinessadvisors.com to receive a confidentiality agreement and learn more about this opportunity.


Business Details

Primary Business Category: Construction - Building, Developing
Location: California

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT 2 Owners

Financial Information

Asking Price: $750,000
Gross Revenue: $2,924,214
Cash Flow: $285,158
Inventory: $88,000
Real Estate: $3,250
Seller Financing Available: Yes

Property Information

Facilities:

Unit in a light industrial complex Office/warehouse $3250 gross rent month to month. New Lease available

Growth & expansion opportunities:

Owners have run the business more for lifestyle than for growth. With the company’s credentials, highly trained technicians, specializations for large residential properties, commercial refrigeration and geothermal systems, there are huge growth opportunities for this business.

Competition:

Many HVAC companies in the area, but this one is different because of its specialties

Reason for selling:

Retiring

Support & Training:

Seller will provide training at no cost to qualified buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Greg Carpenter

Certified Business Broker