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HVAC Business In Coachella Valley For Sale

Coachella Valley, California - South
Asking Price:
$795,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,229,851 (USD)
Cash Flow:
$494,000 (USD)

For sale is a 45 year old HVAC business in Coachella Valley that is experiencing phenomenal growth. Owner wants to retire by year-end. Revenues for fiscal year end are currently projected to top $5 million dollars and free cash flow will nearly double its current level of $494,000.00 dollars. The asking price is 1.6 times earnings at $795,000.00 dollars. Priced to sell.

This business has a current multi-million dollar backlog of new commercial construction including new facilities related to the passing of Proposition 64. Grow facilities will require twice the amount of HVAC units as normal and maintenance of these units will guarantee residual revenue for many years to come.

The staff and general manager are committed to working hard at growing this company beyond its current levels.

The owner is eager to retire and is looking for the right buyer to take his place. The ideal new owner must have a license from the California Contractors State Licensing Board (CSLB) and experience managing related contracting services. It will be necessary to have at least 40k in monthly working capital.

SBA approved and financing available to the right buyer.

Property information

Real Estate:

Lease

Lease Terms:

Lease Exp: 12/31/2017

Leasehold Rent:

2,201/ month per annum

Size in square feet:
3,800 sqft

Business Operation

Reasons for selling:

Retirement

Trading hours:

7am to 4pm

Employees:
22 FT, 2 Working Owners
Years established:
45 years

Other Information

Support & training:

12 weeks, 24 hours/week

Financing available:

Call

Furniture / Fixtures value:
$260,942 (USD) - included in the asking price

Contact Broker

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