$2,500,000
Air Conditioning Service Store
- Status: Available
- Price: $825,000
John Irvine
- License No:
- DRE #00988287
- Email:
- john@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
- Listing No: 4149
- Status: Available
- Area: Bay Area, Northern California, Contra costa
- Price: $825,000
Description
A family owned and operated air conditioning and heating company, after more than 30 years of successful sales and service is for sale. Areas served include from Pleasanton to Vallejo and from Lamorinda to Antioch. They specialize in installing, servicing and repairing residential and commercial heating and air conditioning systems. Open Monday thru Friday, closed on weekends.
Average yearly gross sales around $2.5 mm with net to owner about 10%. Approximately 4,000 sqft. leased premise plus yard for around $1.square. Presently 9 full time employees plus working owner- seller looking forward to retirement. the books and records have been reviewed by an SBA lender, pre-approving the business for a 7a loan for a qualified buyer. A California Contractor’s License is needed for the buyer.
Business Information
Ownership Type:
Corporation
Year Established:
1969
Year Purchased:
1991
Business Type:
Air Conditioning Service Center
License(s) Required:
Business,
Hours of Operation:
8.00am to 4.00pm / Monday- Friday
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4149
Date Available:
06/17/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 2,004,000
- Revenue:
- Annual Net Income:
- 216,000
- Inventory:
- Monthly Payroll:
- 59,610
Lease Information
- Base Rent:
- 3,914/m
- Lease Expires:
- 2025
- Lease Option:
- 2 x 5 years option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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