Popular HVAC Company in Northern California - SC2078

Popular HVAC Company in Northern California - SC2078 Financial Information Asking Price: $175,000 Gross Revenue: $231,240 Cash Flow: $12,400 Down Payment: NEGOTIABLE FF&E (Not Included): N/A Inventory: N/A 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 9 years under the current ownership. They provide all services (new installation, service, repair and maintenance) on Heating and Air Conditioning systems, for residential applications as well as light commercial and small office buildings. They service and repair HVAC zoning and install whole house fans. They are a Better Business Bureau (BBB) A+ rated contractor. Whether it is Air Conditioners, Heat Pumps, Gas Furnaces, Residential Package Systems, Programmable Thermostats or Indoor Air Quality, they can provide it all. Competition Description There is competition in the market, but also plenty of opportunities. While this company is not a "large player" in the market, they offer all of the services for HVAC and do both residential and light commercial services. They do have a superior rating, customer service, and reviews compared to many in the market. 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 local newspapers, the internet, and their website. Growth can be obtained by increased marketing efforts and also by adding installers and technicians to the company. They currently service approximately 300 clients per year, have a total installed base of 500+ clients, and have been adding 50 – 100 clients per year. They have an excellent reputation in the market, an excellent website, and connections to property management groups as well as general contractors. They have excellent ratings on all social media and ranking platforms. Support / Training Comments The Seller is willing to train the new owner for up to 2 weeks at 30 hours per week. Seller is willing to provide additional training at mutually agreed-upon terms. Financing Comments Seller financing if available would be structured as no more than 50% financing to be carried over 3 years at a mutually agreed upon interest rate. Reason For Sale Sellers would like to pursue other ventures. Home Based: No Year Established: 2013 Franchise: No Year Acquired: 2013 Willing to Train: Yes Relocatable: Yes Required Licences: C20 HVAC License Is Property Leased: Yes Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Real Estate Asking: N/A Days Open: Monday - Friday Hours Open: 8:00 am to 5:00 pm Fulltime Employees: 2 Part-time Employees: N/A Is Management Staying: No Distressed: No Monthly Payroll: ON REQUEST Building Size: 1,600 sq. ft. Monthly Rent: $1,300 Lease Expires: 01/01/2024 Lease Miscellaneous: Sellers staying at the location Broker: ProEquity Asset Management Corporation License ID: 01870526 Location: Sacramento County, California Year Established: 2013 Number of Employees: 2 Relocatable: Yes Real Estate: Owned Building Sq. Ft.: 1,600 Facilities: Building Size: 1,600 sq. ft. Is Property Leased: Yes Real Estate Available: No Market Outlook/ Competition: There is competition in the market, but also plenty of opportunities. While this company is not a "large player" in the market, they offer all of the services for HVAC and do both residential and light commercial services. They do have a superior rating, customer service, and reviews compared to many in the market. 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 local newspapers, internet and their website. Growth can be obtained by increased marketing efforts and also by adding installers and technicians to the company. They currently service approximately 300 clients per year, have a total installed base of 500+ clients and have been adding 50 – 100 clients per year. They have an excellent reputation in the market, an excellent website, and connections to property management groups as well as general contractors. They have excellent ratings on all social media and ranking platforms.