BUSINESS TYPE: Commercial Refrigeration & HVAC Specializing in Wine Industry
PRICE: $ 489,000
LOCATION: San Mateo County
LISTING ID#: 6309
INDUSTRY: HVAC and Refrigeration
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.
Asking Price: $489,000 plus Inventory
Gross Income: $1,472,273
Cash Flow: $204,230
FFE: Included in Price
Reason For Sale: Retirement
Training & Support: Training Included
Year Established: 1976
Days & Hours of Operation: M-F 730am – 430pm
Employees: 6 FT, 1 PT
General Location: San Mateo County
Monthly Rent: $989
Square Footage: 1400 sq. ft
Home Based?: No