Highly Profitable HVAC Company in Northern California - SC2075

Highly Profitable HVAC Company in Northern California - SC2075 Financial Information Asking Price: $749,000 Gross Revenue: $738,299 Cash Flow: $213,477 Down Payment: 0 FF&E (Included): $275,000 Inventory: $40,000 Financing: Yes Business Location: Sacramento, Confidential, California Primary Business Category: Plumbing, Heating, and Air-Conditioning Contractors This Northern California based Heating, Ventilation & Air Conditioning (HVAC) Company is a California Sub-Chapter S Corporation and has been in operation for 14 years under the current ownership. They provide all services (new installation, service, repair and maintenance) on Heating and Air Conditioning systems, for residential applications. They also do Hot Water Heaters as well as Insulation installation. They also offer Indoor Air Quality Management by providing whole-home air cleaners, air purifiers and other filtration systems. They have an Annual Maintenance Program that approximately 10% of the 20,000 plus customers subscribe to, which offers a type of recurring revenue to the business. Competition Description Key differentiators include their impeccable reputation, honesty, integrity and customer service. They offer a boutique approach to heating and air conditioning. Growth / Expansion overview This business has many repeat customers and a great website for marketing and also via word of mouth. They advertise on various platforms, including Yelp, Next Door, Facebooks, Google, Angies List and BirdEye. Growth can be obtained by adding more individuals to their Annual Maintenance Program, expanding geographical territory served, and potentially going into the Commercial and Industrial market. Growth can also be increased by adding more employees for expansion. Support / Training Comments The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Seller is willing to provide additional training at mutually agreed upon terms. Financing Comments Seller financing is available up to 25% of the purchase price at 6.5% interest over 5 years. The amount financed is dependent on the purchase price and the quality of the Buyer. Reason For Sale Sellers would like to pursue other ventures. Home Based: No Year Established: 2008 Franchise: No Year Acquired: 2008 Willing to Train: Yes Relocatable: Yes Required Licences: C20 HVAC License Is Property Leased: Yes Real Estate Available: No Real Estate Included: No Days Open: Monday - Saturday Hours Open: 8:00 am to 5:00 pm Full-time Employees: 3 Part-time Employees: N/A Is Management Staying: No Distressed: No Monthly Payroll: ON REQUEST Building Size: 2,500 sq. ft. Monthly Rent: $1,780 Broker: ProEquity Asset Management Corporation License ID: 01870526 Location: Sacramento County, California Year Established: 2008 Number of Employees: FT: 3 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $1,780.00 Per Month Facilities: Building Size: 2,500 sq. ft. Is Property Leased: Yes Real Estate Available: No Market Outlook/ Competition: Key differentiators include their impeccable reputation, honesty, integrity and customer service. They offer a boutique approach to heating and air conditioning. Growth & Expansion: This business has many repeat customers and a great website for marketing and also via word of mouth. They advertise on various platforms, including Yelp, Next Door, Facebooks, Google, Angies List and BirdEye. Growth can be obtained by adding more individuals to their Annual Maintenance Program, expanding geographical territory served, and potentially going into the Commercial and Industrial market. Growth can also be increased by adding more employees for expansion.