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$1,575,000
Sold For
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$1,928,255
Revenue
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$561,605
Discretionary Earnings
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Yes
SBA Financing
An established HVAC service, installation, and maintenance contractor in Sacramento County, with a 30-year history, is now available for acquisition. This successful HVAC company generated $1.9 million in sales and $561,605 in discretionary earnings. It is currently listed for purchase at $1,575,000 plus inventory. Qualified buyers can take advantage of pre-approved SBA financing, requiring just a 10% down payment.
The Company offers a comprehensive range of HVAC services in Sacramento County, catering to both commercial and residential customers. Their offerings encompass installation, maintenance, and warranty services for leading HVAC brands. With a distinguished reputation for top-notch craftsmanship, excellent Yelp and Google reviews, professionalism, competitive pricing, and the availability of after-hours emergency assistance, they have become a trusted name in the Sacramento market.
Summary:
- Offered at $1,575.000 plus inventory
- $1.9 million sales 2023
- $561,605 Discretionary Earnings 2023
- $166,605 Down w/SBA Financing
- 3 W2 HVAC technicians
- 4 Service Trucks
Services:
- HVAC service, installation, and maintenance
- Emergency-after-hours service is available
- Warranty services for major HVAC manufacturers
- Authorized dealer for major HVAC manufacturers
Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be willing and capable of learning to run the business. The buyer must be willing and capable of learning the technical aspects of this business. This is not a passive-owner business.
The owner has a C-20 HVAC Contractor License and will act as the RMO (Responsible Managing Officer) for the buyer for up to 12 months. The buyer will have to obtain their C-20 license. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting as negotiated after the initial training period.
Reason for Selling:
The owner is retiring after over 30 years in the industry.
Inquiries from principals only
Financial Summary
Summary | 2021 | 2022 | 2023 |
Revenue | $1,958,963 | $2,075,049 | $1,928,255 |
Cost of Goods Sold | $974,465 | $1,016,870 | $824,853 |
Gross Margin | $984,498 | $1,058,179 | $1,103,402 |
Operating Expenses | $649,287 | $668,707 | $596,085 |
Net Profit | $335,211 | $389,472 | $507,317 |
EBITDA | |||
Owners Benefits | $125,326 | $108,200 | $54,289 |
Discretionary Earnings | $460,537 | $497,672 | $561,605 |