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Air Conditioning Service Store

  • Status: Available
  • Price: $799,000

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: $799,000

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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