Growing Commercial HVAC & Refrigeration Co.

Confidential, CA


Asking Price: Annual Revenue:
$1,399,000 $2,250,000

Services: Construction, Contractors


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RE: Growing Commercial HVAC & Refrigeration Co. Broker: D. Joe Atchison
License #: 01438544

Quick Facts

Asking Price: $1,399,000
Annual Revenue: $2,250,000
Net Profit: Not Disclosed
Cash Flow: $512,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 14
BBN Listing #: 308738372
Broker Reference #: RIVERCA001-N1007

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Business Overview:

This profitable and long-established Heating, Air Conditioning & Refrigeration Company serves customers throughout Southern California. Their 28 commercial customers, with most having multiple locations, are in the retail, food service, automotive and financial services industries. They provide expert service, preventive maintenance, repair and retrofits of all major heating, air conditioning and refrigeration brands. The average size of their client’s units is 7-1/2 to 15 tons with some at 30. Revenue is 95% commercial with 90%+ of their work being repeat and referral. The average length of service for their employees is over 6 years. Revenues for 2018 are running at a $2,250,000+ rate and 2019 is projected to be better in that their largest customer has asked them to quote replacing the units at several of their retail store locations. Real estate is owned separately and is available for lease at its current below market rate. C-20 and C-38 Contractor’ s licenses required to operate the business and the owner is willing to continue as an RME with their licenses. Their unique business model coupled with very efficient 24 hour dispatch, quote and billing systems results in above average profits. Their Yelp rating is 5 Stars. Excellent accounting and tax records with few add backs. Pre-approved for SBA fu

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Property Features and Assets:

Real Estate License ID: 01438544

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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