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Successful Mechanical Engineering Firm With Hvac Focus For Sale

California - South, US
Asking Price:
$725,000 Furniture / Fixtures included
Sales Revenue:
$1,115,000
Cash Flow:
$343,000

Successful for decades, this company offers mechanical engineering services in the following areas: Design of Heating, Ventilating, and Air Conditioning Systems (HVAC), Plumbing Systems, Site Infrastructure, Solar Energy Systems, and Energy Management / Control Systems for municipal buildings, schools, colleges, industrial & agricultural facilities, and commercial buildings.

The company provides services to architects and facilities managers. Its territory includes Ventura County, Santa Barbara County, and Los Angeles County. Projects include facilities for schools and colleges, municipalities, military, and industry. This is a perfect business for a licensed engineer or a statewide firm.

Property Information

Real Estate:

Lease

Lease Terms:

yearly

Leasehold Rent:

$2,858 per annum

Location:

Ventura County

Premises Details:

2,000 sf office space with room for expansion; allowing space for two more engineers.

Size in square feet:
2,000

Business Operation

Reasons for selling:

Owner wants to retire

Employees:
6
Years established:
1976

Other Information

Support & training:

Seller will provide training for 8 weeks at 25 hours per week which is included in the purchase price

Financing available:

Seller may consider holding a note for a well-qualified buyer for 10% of the purchase

Furniture / Fixtures value:
$50,000 - included in the asking price