Business for Sale Overview:
Company is a service and installation business specializing in commercial and industrial refrigeration equipment sales, service and installation. Although the Company provides a wide variety of refrigeration expertise, it focuses on two market segments. It has the high demand skills needed to support the commercial refrigeration market including restaurants, food industry coolers and freezers, and as well the clean room refrigeration and food processing facilities. In addition, it has demonstrated a capability to design, engineer, provide and install large and complex refrigeration facilities in offshore locations. The Company will probably do over $2,500,000 in revenue this year. Great opportunity for the Buyer to leverage this new project revenue to the next business level.
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 Company operates from a 2,000 square feet, metal building that houses the main warehouse plus shop, shipping and receiving operations; it also includes 350 square feet of office space. The property consists of 3/4 plus acres, with paved lot (complete with security fencing and lighting), providing extra storage area for incoming inventory. Also included is another 30’ X 12’ additional building which is used for storage. The building and all of the real estate may be purchased as part of the business or leased on a long-term basis. The facility footprint is maximized for the site, but facility expansion is possible by acquiring adjacent real estate owned by Seller.
Market Competition and Expansion:
There are many competitors to the Company’s full line of potential services. However, there are no competitors in the upstate area serving the large industrial refrigeration market such as large warehouses or specialty refrigeration applications such as chiller silos or other unique projects. The nearest competitors are in Atlanta and Charlotte.
Additional revenues could be attained through the development of a small dedicated sales team and a dedicated crew focused on addressing the residential market for retrofitting home heat and air systems. Adding an outside Salesperson would generate significant return in new refrigeration contracts. In addition a strategic buyer can complement his business and distribution channels by acquiring a unique segment of the business that has large, highly margined contracts in the large food processing plants.
Reason for Selling:
Seller is retiring
Additional Details:
- The property is owned.
- 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.