HVAC utility

SOLD: Commercial HVAC in Orange County, CA

Asking Price: $ 1,950,000
Gross Revenue: $ 2,007,875
Location: Orange County, CA
Cash Flow: $ 569,450
Established:

Business Description

HVAC experience is required – the owner is seeking a buyer with HVAC licensing but is willing to provide hands-on training for one year after closing. Additionally, the current owner is willing to stay full-time as a salesperson/estimator for one year to ensure a smooth transition. 

This established commercial HVAC/refrigeration has been in business for 40 years and provides HVAC installation and service to commercial properties throughout Southern California. Their customer base comprises commercial properties, including national chain restaurants, property management companies, and strip malls. 

Large clients with long-term replacement schedules for HVAC units, preventative maintenance schedules, and repair services have resulted in established recurring revenue streams. Some customers have been with the company for 20 to 30+ years. On average, most customers’ tenure ranges from 15 to 20 years.

The company has grown through word-of-mouth referrals from long-term clients and has never done any paid advertising. A new owner could significantly increase revenue by focusing more on sales and marketing and increasing the number of staff and technicians. The business could also expand into more commercial maintenance and service and grow into residential HVAC installation and services.

The company’s office and warehouse are centrally located in Orange County, close to major freeways, giving technicians easy access to clients across the region.

Detailed Business Information

Financial Information

Asking Price: $ 1,950,000
Gross Revenue: $ 2,007,875
Cash Flow: $ 569,450
Seller Financing: No
Inventory: $ 20,000
Inventory Included in price: Yes

Business Information

Location: Orange County, CA
Real Estate: Leased
Relocatable: No
Employees: 6 FT
Year Established:
Business Reference Number: FLW-125