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Listed by:

M&A Business Advisors

Broker license number: 02058745/00898668

Commercial HVAC Contractor With Wholesale Equipment Distributor For Sale

Santa Clara County, California - North
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,924,214 (USD)
Cash Flow:
$285,158 (USD)

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 to receive a confidentiality agreement and learn more about this opportunity.

Property information

Real Estate:

Lease

Lease Terms:

$3250 per month- gross month to month
New lease is available

Leasehold Rent:

3250 per month per annum

Location:

Unit in a light industrial complex

Premises Details:

Office/warehouse

Size in square feet:
3,250

Business Operation

Expansion Potential:

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 / Market:

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

Reasons for selling:

Retiring

Trading hours:

Field: 7:00 – 5:00 M-Sat; Office 8:00 – 5:00 M-F

Employees:
12 FT 2 Owners
Years established:
1991

Other Information

Support & training:

Seller will provide training at no cost to qualified buyer.

Financing available:

Seller will consider seller finance for a qualified buyer with good credit and a significant down payment.
SBA 75% of total capitalization

Inventory / Stock value:
$88,000 (USD) - included in the asking price

Contact Information

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