Background
| BizEx ID: | BizEx1278-TM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Special Trades Industrial & Commercial Machinery |
| Years in Business: | 15 |
| Under Present Owner: | 15 |
| Hours of Operation: | N/A |
| Owner Hours: | 50-60hrs |
| Training: | 52 weeks @ 40 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 10/31/2022 |
| Lease Options: | (1) 3 year |
| Building Size: | 10,500 Sq.Ft. |
| Employees: | 27 |
| Reason for Sale: | Retirement & Other Business Interests |
Financials
| Asking Price: | Call |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $5,862,645 |
| Discretionary Cash Flow: | $1,059,800 |
| FF&E: | $910,365 |
| Inventory Included? | Yes |
| Inventory: | $250,371 |
| Min. Operating Capital: | $1,700,000 |
| Real Estate Available? | No |
| Rent: | $10,805 |
| Payroll: | $128,749 |
| Financing: | SBA |
| 2021 (Jan-Sept) | 2020 | 2019 | |
|---|---|---|---|
| Gross Sales | $ 4,152,214 | $ 5,862,645 | $ 9,410,155 |
| Gross Profit | $ 2,605,815 | $ 3,980,059 | $ 4,882,535 |
| Disc. Earnings | $ 684,708 | $ 1,059,800 | $ 1,939,633 |
Pictures
Description
Large Tonnage Commercial Heating, Ventilation and Air Conditioning (HVAC) company with strong year-over-year growth for sale.
Growth Opportunity
Excellent opportunity for an established commercial HVAC company to make a strategic purchase. New customer demand is high for this company's services and can be captured with a strategic buyers available technicians, sales team and management support.
The current growth strategy is repeatable in the other commercially dense California counties.
Value Proposition
The management team has built an industry reputation for technical expertise, strong customer satisfaction and project management that results in projects completed on-time and within budget.
Licensed Services
C20 license utilized for equipment installation, modernization, scheduled maintenance and repairs.
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.
