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HVAC & Refrigeration Company For Sale

22/wk
Passaic County, New Jersey, United States
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Asking Price$550,000
Revenue$1,145,000 Established1987
Cash Flow$284,000 Employees3 full-time
FF&E$250,000* FranchiseNo
Inventory$2,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Highly successful professional New Jersey HVAC company that services various commercial companies including national franchise businesses with their refrigeration, heating and air conditioning needs. This is non-residential, commercial contracts only. The business has a 2016 gross yearly income of $1,145,000 and a net yearly income of $284,000. The company services all of its customer’s needs, from light commercial to industrial HVAC applications and commercial refrigeration. They are committed to excellence from installation to products in order to best service to customer care. This industry requires state licensing approval to operate. 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 or require a commercial lease location and the business is maintained from the owners’ home office. 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 HVAC 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. Due to the nature of the industry, the business is active 24/7 days. The sale includes a certificate of occupancy from the 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. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:The company is located in northern / central New Jersey, Passaic County, 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:May be available to a qualified buyer with an appropriate down payment.
Sale Reason:The owner is relocating out of the state of New Jersey.
Ad #99077
Seller Reference #SVS347
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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