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Hvac Co - Thirty Four Years; Offers Strong Client
Location: United States -> California -> Southern California - San Diego Area -> San Diego
Industry: Manufacturing > Other Manufacturing




Business Summary

The Seller has spent the last 34 years building the business into the community fixture it is today. The Company has long been committed to providing comprehensive services to commercial (80%) and residential clients (20%). The Company's is proud to have had a long list of repeat and reliable clients for many years.

The Company offers the HVAC; preventative maintenance warrantees; repairs & tenant improvements services. Revenue breakdown by service: New installation (50%) Maintenance and replacement (50%).

According to the Seller, client referrals account for 100% of new business. The Seller does not spend any budget on advertising. The Company has PM/SVC contracts with the customers, which are self-renewing.

This could be an excellent acquisition opportunity for larger organization seeking to expand their book of business.

Facilities: Home-based. Can easily be relocated.

Competition: Always plentiful competition in this industry, but if a Buyer maintains the well-deserved and well-earned reputation for excellence; Company will continue to freeze out local rivals.

Growth & Expansion: Experts predict that the market for HVAC-related services is expected to grow at a rate of 6.6% between 2017 and 2021. The new Owner could create a website and engage in social media, hire salesperson, and start some advertising. All of these or other strategies could help boost revenue and profit.

Financing: Possible with the right deal structure for highly qualified buyers.

Support & Training: Seller will provide 4 weeks of training at 20 hours a week.

Reason for Selling: Retirement


Financials

Asking Price Range:  < $250K
Gross Revenues:   $322,209
Cash Flow:   $75,317
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1985
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will provide 4 weeks of training at 20 hours a week.
Reason For Selling:  Retirement




Print Listing Id: 700330814
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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