HVAC Business - 45 Years Old - 1.6 Multiple / 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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations