Details

With no owner labor and over $685K in assets this high revenue HVAC and plumbing company in the Sacramento Valley is a force to be reckoned with, having year-over-year growth! In operation since 2003, they complete HVAC (70%) and plumbing services (30%). With an on-site fully automated sheet metal fabrication shop, the company is capable of manufacturing ductwork up to 14 gauge, plumbing and piping, as well as architectural sheet metal and flashings. There are 70 employees on staff, including controllers, foremen, project managers, assistants, and a field/shop work force. The owner has built a solid customer base with a focus on serving schools, government institutions, and commercial office buildings, and many customers have been with this company for over fifteen years. The owner currently handles lead generation, some estimations, bonding, and general oversight of the business—focusing on bids that will bring in at least $1 million in revenue.

Operations are managed from a large 14,000 square foot location in the Sacramento Valley area. The office has 2,000 square feet of space with a reception area, private offices, and staff spaces. The remaining 12,000 square feet is dedicated to warehouse, storage, and the fabrication shop.

Priced at $6,725,000, a 12.5% down payment of $840,625 returns $1,055,770 in the first year after debt payments—a 125% return on investment! Relating to business growth, the industry in Northern California always has room for expansion and the company could add a service department and consider the implementation of maintenance and inspection contracts.

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