Commercial HVAC -- Owner Willing to Stay 2+ Years

This family-owned and operated company is an established commercial HVAC/refrigeration contracting business providing HVAC installation and servicing for commercial properties. The company has specialty licensing and has grown to over $1 million in gross revenue. Their niche market is working with commercial properties including multiple locations of national chain restaurants, property management companies, and strip malls. The company just obtained two new large contracts for $550,000 (HVAC replacements) and $157,000 (preventative maintenance work). The owner is also willing to stay on for a period of two years to ensure a smooth transition. The repeat customer base provides established recurring revenue streams with large clients on a long-term replacement schedule for HVAC units in addition to preventative maintenance schedules and 24/7 emergency repair services. The sale includes two vehicles, tools, and specialty equipment necessary for installation and repairs for HVAC systems. The company has grown through word-of-mouth referrals from long-term clients, so adding staff and technicians and implementing a formal advertising and marketing campaign could yield rapid growth opportunities. The business could also expand into more commercial maintenance and service, and grow into residential HVAC installation and services. Office and warehouse space is centrally located in Orange County, close to major freeways giving technicians easy access to routes to clients across the region. The owner is interested in retiring after a couple of years of working with the business to help with training, transition, and growing the sales and marketing for the company. This is an established business. This is not a new franchise or start-up opportunity. IMPORTANT: Please look for an email with the subject "Morgan & Westfield Business Listing - Commercial HVAC -- Owner Willing to Stay 2+ Years” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. Location: Orange County, California Year Established: 1985 Number of Employees: 3 FT | 1 PT Relocatable: Yes Real Estate: Leased