Business for sale
I hope everyone is doing well. Where is a good site/magazine to go for HVAC Business for sale? Los Angeles, CA. thanks
I don't know. But consider that if customers see a service business for sale, will they call for service? Therefore, a service business is going to be very careful where the sale listing is posted/advertised.
I am just curious, why are you wanting to buy one?
Increase customer base. Progress. Expand. It is a natural progression. Additionally, so many business owners are letting their small businesses expired after retiring, I feel the customers need a good service representative.
Originally Posted by happytechguy
Thanks for the help.
I would hope you get value for a customer listing database, in the end is the customer who chooses who to pick up the phone and call not because someone has a list for sale. and the company has a nice inventory and such IDK maybe I need to buy one out we always need a bigger client base .. let us know how it works out for you.. I worked this summer in LA area helping a Commercial Contractor friend I know there with some bigger commercial projects but never hear of any listings or magazines where businesses were actually for sale.
Usually talk to supply houses. Theyusually know when someone is about to retire or getting overwhelmed and fed up.
Originally Posted by royfiggy
I've seen companies for sale on CL and in newspaper classifieds. Not sure I like those sources, but you may still find a gem.
You can also put some feelers out to your suppliers that you'd like to expand and you're looking to help someone out that's ready to get out of the trade.
Good luck bro
acquisitions are a great way to quick growth but if you are not a large corporation (I am assuming you are not as they would not have poised the question in the first place) your money is better spent in marketing and "Organic Growth"......Buying a company means they need to have contacts in place to have any value, it is cheaper to take a customer list VIA marketing and market presence VS buying some ones problems.
Depends on what the cost of purchase is. A good friend of mine purchased a business a few months ago. He said it has already more than doubled his purchase price, and was the best decision he has ever made.
Originally Posted by lkapigian
Back story, the previous business was two older guys that had worked as a team for many years. They both decided to retire. Leaving behind many customers that had much trust in them, therefore trusted the contractor (my friend) that they were referred to during the transition of them selling the business.
Now, I realize this is not a common thing, but it isn't impossible