HVAC utility

Commercial HVAC: Owner Willing to Stay 2+ Years (California)

Asking Price: $1,750,000
Gross Revenue: $1,730,092
Location: Orange County, California
Cash Flow: $439,030 (EBITDA)
Established: 1985

Business Description

No HVAC experience is required – the seller is willing to train you hands-on for one year after the closing. The current owner is also 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 39 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. The company has a backlog of signed contracts totaling over $500,000 in HVAC replacements and preventative maintenance.

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.

This is an established business. This is not a new franchise or start-up opportunity.

Detailed Business Information

Financial Information

Asking Price: $1,750,000
Gross Revenue: $1,730,092
Cash Flow: $439,030 (EBITDA)
Seller Financing: N/A
Inventory: $20,000
Inventory Included in price: Yes

Business Information

Location: Orange County, California
Real Estate: Leased
Relocatable: Yes
Employees: 4 FT | 1 PT
Year Established: 1985