Business for Sale Overview:
After 20 highly-successful years in business, the owners of a very profitable heating and air conditioning company serving Southern California, with a primary focus on Los Angeles and Ventura Counties, are looking to retire. With very little overhead and two long-time independent technicians/service reps. in place, the sellers typically net more than half of their gross. The owner/operator is a licensed contractor and is willing to remain as an RMO (Responsible Managing Officer) to ease the transition for the new owner. Seller states that his accounts are approximately 70 percent commercial and 30 percent residential, including brand-name food businesses, condo complexes, apartment buildings and more. Due to its fine reputation, the business is also listed with "Who's Who in HVAC." Additionally, the seller is willing to carry paper for a qualified buyer. Listed at just over one times net income, this business is priced to sell, as the owners are motivated to retire.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retiring and Moving out of Country
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.