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 has historically enjoyed $1.4 million plus revenues.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. 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 3 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 $300,000.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.