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Hawaii Business For Sale

Refrigeration Servicing and Installation Business

Kauai, HI

Services: Maintenance, Landscaping

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,474,995
$1,450,802
$484,000
$486,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
8
8515810

Business Overview:

This company is dominant provider of air conditioning servicing and installation on Kauai. The business is priced right, at less than 3x Seller's Discretionary Earnings. Initial discussion with bank lenders indicates the availability of substantial credit subject to a buyer/manager with sufficient industry background/experience. For existing businesses, there is probably the ability to eliminate $25,000 to $50,000 in annual expenses depending on the Buyer already having an appropriate industrial/commercial building on Kauai. All existing employees have been with the company for more than 2 years. The Seller does not expect any of them to leave upon the sale of the company. While revenues in 2008 were at record levels, the company revenues in 2009 at $1.45 million were in line with the company's historically average of $1.4 million plus. revenues.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business is currently based in Kalaheo, Kauai. The existing lease matures in approximately 2 years. A Buyer might consider relocating the business to a more central location at the end of the current lease. The purchase includes all equipment and inventory currently in use/in-stock with the company. The value of these items is approximately $443,000.

Market Competition and Expansion:

As Kauai is and island, competition is restricted to on-island competitors because of the substantial cost of flying technicians in and out of the island. There are relatively few local competitors.

Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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