Well Established San Diego County HVAC Business for Sale

The owner has decided to sell its business because the owners have an opportunity in another state they would like to pursue. Facts about company • The company was established in 1999 with over 21 years in business. • The business has serviced over 5,000 residential and commercial customers since its inception. • A large percentage of the business is high-end residential repeat customers. • The business has diversified their business and installs wine coolers which constitutes about 10 % of their overall revenue. • The founder has an outstanding reputation with his customers. • Much of the new customer acquisition is by referral because of the excellent reputation of the owner and organization. • The founder has over 25+ years of experience and is a NATE certified master technician. • The founder has been an HVAC instructor for the Plumbing Heating and Cooling Industry. • In 2020 the gross profit for the business was in excess of 46% • This is an excellent acquisition for an organization intending to expand its operations and sales. Terms: • Asking price is $150,000 (a valuation has been completed and is available to interested parties) This price includes the current customer list, and the owner is willing to help during the transition period. • The founder is willing to be retained for a reasonable salary to assist in the transition. He would be willing to stay on while the transition is taking place for up to 6 months maximum. • Interested parties would need to sign a non-disclosure agreement to obtain the financials (P&L and balance sheets), valuation, and tax returns for the business for their review. • Owner will consider terms and carry a note for the purchaser this is negotiable. • A discount on the asking price would be considered for a lump sum purchase and buyout. • A complete list of customers is available to interested parties. • This is an S-Corp with state contractors licenses in CA. Contact: For more information regarding the purchase of this business go to Greg Voisen (760) 458-5583 greg@eluminate.net Location: San Diego, California Year Established: 1999 Number of Employees: 2 Market Outlook/ Competition: San Diego County has many well-established HVAC businesses, but this HVAC business is one of the leaders for a mid-size business. Growth & Expansion: There are lots of growth opportunities. The population of San Diego continues to grow, and much of the growth is in highly-priced residences.