Price:
$
6,950,000
Northern California Absentee Owner Environmental Testing Company - Recession Proof! - SC2199
Northern California Absentee Owner Environmental Testing Company - Recession Proof! - SC2199
Northern California
$
6,950,000
This Northern Californian Absentee Owned Environmental Testing Company is a California Sub-Chapter S Corporation that was founded 14 years ago and has been under current ownership ever since. Structured currently as an absentee owned enterprise, this company specializes in Field Compliance verifications, home performance rebates, energy assessments and permit pulling services with the goal of providing quality in-home inspection services. They are one of the leading providers for the Home Energy Rating System (HERS) program in California. Why is this business Recession Proof? HERS testing is mandatory for all newly constructed buildings and is prescriptively required for most Heating Ventilation Air Conditioning (HVAC) alterations, including replacement of HVAC units. This company focuses mostly on the residential replacement market, and there are HUGE opportunities for growth in the new construction and commercial HVAC markets. They currently service Northern California but also have a presence in Southern California.
What makes this company so special? They have developed an in-house proprietary all-encompassing management platform tailored to the needs of contractors withing the residential and commercial HVAC, Plumbing, Electrical, Solar and home performance sectors. With their innovative suite of features, this software empowers businesses to streamline their operations, optimize workflow, and improve compliance with industry standards.
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Listing Details
Northern California Absentee Owner Environmental Testing Company - Recession Proof! - SC2199
Location:
Northern California
Down Payment:
$
6950000
Down Payment: $ 695000
Year Established:
2011
Reason for Selling:
The reason for selling is the Seller would like to pursue other interests.
Gross Revenue:
$
10000000
Cash Flow:
$
6950000
Home Based:
No
Franchise:
No
Relocatable:
No
SBA Prequalified:
No
Lender Prequalified:
No
Part-Time Employees:
1
Full-Time Employees:
41
Adjusted EBITDA:
$
600000
Monthly Rent:
$
5000
FF&E Included?:
Yes
FF&E Value:
$
500000
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
This Northern Californian Absentee Owned Environmental Testing Company is a California Sub-Chapter S Corporation that was founded 14 years ago and has been under current ownership ever since. Structured currently as an absentee owned enterprise, this company specializes in Field Compliance verifications, home performance rebates, energy assessments and permit pulling services with the goal of providing quality in-home inspection services. They are one of the leading providers for the Home Energy Rating System (HERS) program in California. Why is this business Recession Proof? HERS testing is mandatory for all newly constructed buildings and is prescriptively required for most Heating Ventilation Air Conditioning (HVAC) alterations, including replacement of HVAC units. This company focuses mostly on the residential replacement market, and there are HUGE opportunities for growth in the new construction and commercial HVAC markets. They currently service Northern California but also have a presence in Southern California.
What makes this company so special? They have developed an in-house proprietary all-encompassing management platform tailored to the needs of contractors withing the residential and commercial HVAC, Plumbing, Electrical, Solar and home performance sectors. With their innovative suite of features, this software empowers businesses to streamline their operations, optimize workflow, and improve compliance with industry standards.
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