45-Year HVAC Business in Palm Desert - High Earnings
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Background
| BizEx ID: | BizEx973-DC |
|---|---|
| General Location: | Palm Desert, CA |
| Category: |
Miscellaneous Repair Other Miscellaneous 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: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 3,800 |
| Employees: | 24 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $595,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $4,229,851 |
| Discretionary Cash Flow: | $494,000 |
| FF&E: | $260,942 |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,201 |
| Financing: | Call |
| 2017 | 2016 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 3,429,317 | $ 3,299,735 | $ 2,127,253 |
| Gross Profit | $ 1,301,774 | $ 881,352 | $ 616,215 |
| Disc. Earnings | $ 494,040 | $ 266,694 | $ 154,649 |
