Refrigeration / Hvac
Location: United States -> California -> Southern California – Los Angeles Area -> Los Angeles
Industry: Business Services > House and Garden Maintenance
Businesses for sale Summary
Expand your current refrigeration service, HVAC and HVAC install business, or start your own business with the purchase of this well established Refrigeration Service Company. For the last 35 years this firm has developed a loyal client following with major brand name companies such as Burger King, Sizzler, and many others for refrigeration and HVAC service. Many of these clients have been under contract since the firm’s inception and the majority of the client base is under a service contract. The owner’s extensive customer list and referral base provides substantial repeat business, and his Yellow Pages advertising with local number contact provides many double time calls for emergency service during the hot Southern California summers. The owner is known for high quality workmanship, and has established a boutique style relationship with his client base. He utilizes sub contract technicians, which has eliminated the payroll overhead and his operational style boasts significant managerial efficiency.
Based in eastern Los Angeles County the company operates from offices in the owner’s home with leased storage space for customer specific parts and thus the business can be relocated. For the last several years, gross sales and net income have been consistent but a new owner can leverage the current client base and cash flow into a significantly larger operation. Alternatively, this would also be a great bolt-on addition for an existing refrigeration business that wishes to significantly expand their market in a fraction of the time and cost needed to develop an expanded client base through market consolidation. Email or contact Peter Patel at 310-539-8300 for more information on this Refrigeration / HVAC business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues: $148,000
Cash Flow: $73,181
Cash Flow Type: Sellers Discretionary Cash
Inventory: $32,000
Seller Financing: No
About The Business
Year Established: 1973
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 10 weeks at 20 hours per week.
Reason For Selling: Retirement.
