Sold
Profitable Los Angeles Heating and Air Business
Primarily residential HVAC business serving high end clients in Los Angeles County. Business focuses on profitable customers who are looking for high quality service and equipment and do not mind paying for it. 75% residential, 25% commercial. Only 3% of business is from new construction. Well trained staff in place and ready to continue to increase this quality business. 150 primarily commercial maintenance agreements in place.
Listed By: Patrick Lange
Background information
Reference:
781-00053
Year established:
2018
Reason selling:
Retirement
Finance
Sales:
$2,317,097
Profits:
$564,593
Operations
Employees:
11
Equipment:
Included in asking price $155,000
Inventory:
Included in asking price
Premises
Facility:
Building is owned by the seller and they are willing to continue to lease at the same rate, or may be open to a sale
Rent and lease terms:
$3,200 per Month
Location:
Covina, CA
Opportunities
Growth:
Increase marketing. Less than 1/2 of 1% spent on marketing.
Price and terms
Price:
$2,200,000
Training:
Owner willing to remain on to ensure a smooth transition