Business for Sale

HVAC Coachella Valley- 45 Years Old

BizEx973-DC

Background

General Location:Palm Desert, CA
Category: Miscellaneous Repair
Other Miscellaneous Services
Engineering
Business Services (B2B)
Construction
Agriculture
Business Services
Years in Business:45 years
Under Present Owner:20 years
Hours of Operation:7am to 4pm
Owner Hours:7am to 4pm
Training:12 weeks @ 24 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:3,800
Employees:24
Reason for Sale:Retirement

Financials

Asking Price:$795,000
Down Payment:Negotiable
Gross Sales:$3,299,735
Discretionary Cash Flow:$264,933
FF&E:$260,942
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,201
Financing:Call

2016 2015 2014
Gross Sales $ 3,299,735 $ 2,127,253 $ 1,963,786
Gross Profit $ 881,352 $ 616,215 $ 626,738
Disc. Earnings $ 264,933 $ 152,141 $ 111,061

Description

Heating Ventilation and Air Conditioning in the area of Palm Springs is experiencing the best year of its 45 years in existence.

Commercial construction and new housing developments are springing up around the Coachella Valley and throughout Riverside County and this business is positioned perfectly. This business for sale stands to be the beneficiary of new installations and HVAC upgrades from its current client base as the economy continues to grow.

The company has an attractive cash flow of $264,933.00 dollars (does not include cash sales). Sale price of the business includes FF&E's and inventory.

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

The ideal new owner will have a license from the California Contractors State Licensing Board (CSLB) to perform 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.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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David Chavez
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858