Featured Listing

3BUSINESS TYPE: Commercial Refrigeration & HVAC Specializing in Wine Industry

PRICE: $ 489,000 

LOCATION: San Mateo County

LISTING ID#: 6309

INDUSTRY: HVAC and Refrigeration

LISTING DESCRIPTION

40 year successful Heating, Ventilating, and A/C contractor servicing the San Francisco Bay Area focusing on commercial niche markets including Wine Cellars, Bio Tech, Water Chillier Systems, Refrigeration Systems, Design Build Systems.

55% of the revenue is from HVAC services for commercial (75%) and residential customers (25%). The remaining 45% of the company’s revenue comes from installation and maintenance of refrigerated Wine Cellars. The vast majority of the wine cellar installs and sales are high-end executive type residential homes.

This business has 6 FT well trained multi-talented employees, and 1 PT employee and enjoys referral business from a diverse source of business referral partners. Excellent opportunity for an aggressive marketing plan and higher web presence to take this business to the next level.

The business has a loyal customer base and well know reputation due to excellent systems and procedures. 40 plus years in the industry help to provide a competitive advantage as a refrigeration company paying high attention to their quality of calculations and installations.

Seller ready to retire and will provide training to help with successful transition. Buyer should have knowledge of engineering and technical information in the refrigeration and HVAC industry. Must have Contractors C20 & C38 license.

LISTING DETAILS 

Asking Price: $489,000 plus Inventory

Gross Income: $1,472,273

Cash Flow: $204,230

FFE: Included in Price

Inventory: $45,000

Reason For Sale: Retirement

Training & Support: Training Included

OPERATION

Year Established: 1976

Days & Hours of Operation: M-F 730am – 430pm

Employees: 6 FT, 1 PT

LOCATION

General Location: San Mateo County

Monthly Rent: $989

Square Footage: 1400 sq. ft

Home Based?: No

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