Business Overview

The company needs a new owner to take to teh next level excellent,

Excellent, 5-star rated on all social media platforms, Google, Yelp, Porch, Angi’s List, Residential Commercial HVAC Sales, Service & Maintenance.

The business has a beautiful dynamic website highlighting the services offered by the company.

Business with their dedicated team offers these services to their customers: Air Conditioners, Heating, Indoor Air Quality, Light Commercial Refrigeration, and More! They currently serve many areas-including, including an area encompassing Fifty (50) miles radius from San Fernando Valley, Los Angeles.

Sellers strive to offer the utmost professionalism with all their accounts, which is why they have been successful for over a decade. 95% Residential and 5% Commercial, including awe-inspiring & significant growth performance, this could be the perfect business model for a new owner starting or add-on to the existing platform in a similar industry.

This team of employees is incredibly dedicated to the business’s success and will likely stay even with a transfer of ownership.

A 12-year-old HVAC Repair and Installation Company installed more than 160 new units annually and worked on 860 contracts, including new installs, primarily private houses, and businesses.

Excellent reputation for quality work reasonably priced. 1 Truck and 2 Vans, and minor new and used equipment and parts. The company does a good job o keeping a lean inventory on hand for the service calls, readily available as all parts and materials are ordered once the customer signs the purchase order.

The company does as much business as it can handle due to the current owners having burned themselves out during the last two years of tireless effort to grow the business.

The sellers have added a new department to the business, bringing in more growth in the years to come.

Furthermore, a new owner could increase business by adding more techs and expanding the territory of the service area covered.

Most companies experience a 40%-50% increase in revenues by just adding 10-15 miles to the radius of the service area.

The business has exhibited 13.31% and 33.50% year-over-year growth, such as 2020 vs. 2019, and doubled to 33.50% growth over 2020.
Revenues
Year 2018 $2,363,000
Year 2019 $2,478,000
Year 2020 $2,802,000
Year 2021 $3,742,000

This incredible opportunity will not last long! Call today to find out more! Lender Pre-Qualified!

* Annual Revnue of $3,742,421
* Total COGS of $1,809,746 including subcontractor, commissions, fees
* Marketing $315,013.
* Property Rent $24,168.
* Payroll $444,239, including owners’ salaries

If you need more information, fill out the attached NDA and buyer’s profile form and send it via fax or email. See info
in the attached NDA.
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Bank has pre-qualified the business for SBA financing and will finance If you are
1- US Citizen or permanent resident with
2- Related retail verifiable experience through
3- Has $400,000 to show in your bank account.
4- Minimum Credit score of 650 or more and have no new slow pay or past due in the last 24 months.
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Disclosure: Information is obtained from a reliable source, but the accuracy of the information is not guaranteed. The buyer must verify the data, as presented by the seller, before signing the purchase agreement and at the buyer’s own risk.
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Financial

  • Asking Price: $3,250,000
  • Cash Flow: $1,000,000
  • Gross Revenue: $3,742,421
  • EBITDA: $964,892
  • FF&E: N/A
  • Inventory: $21,000
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,000
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2,000 sq ft office in a ranch-style office building in San Fernando Valley Los Angeles

Is Support & Training Included:

Yes, 60 days post-closing transition and training at no additional cost to the Buyer

Purpose For Selling:

Two Partners. Tired and want to branch out into something different.

Pros and Cons:

Yes, there is competition. However, the business has 12+ years of great history and a track record of top-notch quality service, making it stand out against its competitor five stars Angi's List, 5 Stars Google Reviews, 5 Starts Porch Reviews. and 4.5 150+ Yelp Reviews

Opportunities and Growth:

The BUSINESS: a great mix of residential clients. The company offers top-notch HVAC repair, maintenance, and installation. The company works with all major brands except Lennox and Carrier. The company has four licensed installers, including sellers. Three staff members. One Office Manager/Bookkeeper. One Dispatch Confirmation Specialist and One General Admin. The company provides 24/7 services: strong teamwork culture and a vast client base. The company does as much business as it can handle due to the current owners having burned themselves out during the last two years of tireless effort to grow the business. The sellers have added a new department to the business in the last quarter of 2021, promising higher growth in the years to come. Furthermore still, a new owner could increase business by adding more techs.

Additional Info

The company was founded in 2010, making the business 12 years old.
The deal shall include inventory valued at $21,000, which is included in the listing price.

The business has 5 employees and is located in a building with disclosed square footage of 2,000 sq ft.
The real estate is leased by the business for $2,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell companies. Nonetheless, the true reason and the one they tell you may be 2 completely different things. As an example, they might state "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or a range of various other factors. This is why it is really crucial that you not depend completely on a seller's word, yet rather, use the vendor's answer combined with your general due diligence. This will repaint a much more realistic picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans with the purpose of covering items like inventory, payroll, accounts payable, etc. Remember that sometimes this can imply that profit margins are too thin. Many companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in new consumers? Most times, businesses have repeat consumers, which create the core of their daily earnings. Particular variables such as new competition growing up around the area, roadway building and construction, as well as staff turnover can affect repeat customers and also negatively impact future incomes. One important point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business often, the greater the opportunity to construct a returning consumer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the outskirts of town? Exactly how might the regional typical house earnings impact future earnings prospects?