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Asking Price$895,000
Revenue$963,584 Established1987
Cash Flow$270,518 Employees3 full-time
FF&E$150,000* FranchiseNo
Inventory$2,500* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Professional North Jersey HVACR company that services and repairs various national franchise businesses with their refrigeration, heating/air conditioning, ice machines and appliances. The business has a 2015 gross yearly income of $963,584 and a net yearly income of $270,518. The company services all of its customer’s needs, from light commercial to industrial HVACR applications and commercial refrigeration. They are committed to excellence from installation to products in order to best service to customer care. The business assets have an estimated value of $250,000 based on the 2015 corporate tax returns. The sale consists of a fully equipped commercial HVACR company which includes multiple vans, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This particular business has three employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $19,000. The company does not have a leased location and must be relocated. Due to the nature of the industry, the business is active 24/7 days. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a solid investment return to the owner operator prior to debt service. The 2015 yearly gross income is $963,584 and the business has a yearly net income of $270,518 based on an onsite owner operator and prior to debt service. The business has been valued at $895,000, based on a multiple of the average net yearly income which includes the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb the business, this sale is absolutely confidential, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:The company is located in northern New Jersey, which consists of various highly populated affluent communities with continued demand for this professional service.
Competition:Competition is a non-issue to this company due to the particular type of industry.
Growth Potential:The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income.
Training/Support:The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The owner is relocating out of the state of New Jersey.
Ad #86562
Seller Reference #SVS276
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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