Business Overview:
This profitable and long-established Heating, Air Conditioning and Boiler Service and Repair Company serves customers in Orange, Riverside, San Bernardino and LA Counties. The Company serves the multi-family industry - HOA’s, apartments and hotels, with a focus on residential customers. In the hotel space, they service and upgrade boilers at 25 hotel locations. The HVAC units they service range from one to five tons and the range of boilers serviced is 100K BTU’s to 1.2M BTU’s. Repeat and referrals account for 85% of their revenues.
Real estate is owned separately and is available for purchase at its fair-market-value, seller’s preference, or lease. C-20 and C-4 contractor’s licenses required to operate the business and the owner is willing to continue as an RME for a reasonable period of time.
The Company has a fine tuned dispatch, field management, and billing software system that results in a very efficient operation. Excellent accounting and tax records with no unusual add backs and minimal customer concentration. Upside potential includes hiring more techs, hiring a sales/marketing executive and increasing the advertising budget. The business has been Pre-approved for SBA funding.
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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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