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Listed by:

The Firm

Retirement With Fire Hvac Fabrication In San Francisco For Sale

San Francisco, California - North
Asking Price:
$2,600,000 (USD)
Sales Revenue:
$17,390,901 (USD)
Cash Flow:
Available on request

Working mainly on dry side HVAC projects and custom sheet metal fabrication, this business has over $10MM in backlog. The well-trained team of 35 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 Information

Real Estate:

Lease

Location:

San Francisco, CA

Business Operation

Expansion Potential:

Increase service team and contracts

Reasons for selling:

Retirement

Trading hours:

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

Employees:
41
Years established:
1991

Other Information

Support & training:

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

Financing available:

Purchase Price: $3,400,000
15% Buyer Down Payment: $510,000
20% Seller Financing or Equity Roll: $680,000
65% Bank Loan: $2,210,000

Related Documents:

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