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Listing ID: 3076194

Retirement/Fire Sale HVAC Fabrication For Sale

San Francisco, California, United States

$ 2,600,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 17,390,901

Cash Flow: $ 898,815

Business Description

Working mainly on dry side HVAC projects and custom sheet metal fabrication, this business has over $5MM in assets and $15MM in backlog. The well-trained team of 41 full-time employees can design, fabricate, and install systems that meet the needs of its customers. General contractors are the largest client base and projects occur in schools and commercial properties such as restaurants and retail outlets. Utilizing state-of-the-art technology as well as over $800,000 in tools and equipment has allowed this company to remain highly regarded and on the cutting-edge of the field over the 27-year history. The owner is nearing retirement and is willing to stay on for 1-3 years to ensure a smooth transition and continued success.

The team of forty-one is composed of project managers, estimators, foremen, service technicians, and support staff. A member of SMACNA as well as local unions, all non-office staff are proud union members and the service area is strictly dictated by negotiated union territories. The current owner has financial oversight and acts as a superintendent as needed.

The building features 26,000 square feet of shop, office, and storage areas. In a highly desirable location, the space is available for continued lease with a new agreement aligned with area market rates.

Property Details

Size:

26,000 sq. ft.: Reception, 14 offices, shop, storage area, break room, training room, IT

Years Established:

since 1991

FF&E:

$ 1,451,000

Inventory Value:

$ 312,000

Other Details

Operation Details

Employees:

41

Trading Hours:

General Hours 7:00-3:00 (Shop starts at 6:30)

Support & Training:

The owner is willing to stay on for 1-3 years.

Miscellaneous

Reason For Selling:

Retirement

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