Owner Financing is Available!
Business Overview:
This commercial HVAC & refrigeration company provides a complete service spectrum to a leading, very well known consumer retail chain ranked in the top 100 on Forbes. The company had a continued relationship with its customer for 25+ years and has secured contracts for the future. The seller’s facility is located in Ocean County with a month-to-month lease but can easily be moved. The company enjoys a competitive advantage by way of a superior reliability record. The customer highly values the company’s services due to its outstanding reliability in a 24/7 environment, and thus works exclusively with this vendor. Furthermore, the company has a very streamlined operation resulting in above industry average gross margins.
The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.2x EBITDA (ttm). A complete report is included in the prospectus. There is no debt to be assumed and the deal includes $150k in current A/R offset by only $40k in A/P. The business is pre-qualified by an SBA lender subject to the buyer’s financials, and by implementing the proposed deal structure a buyer will obtain $350k+ in after-debt, free cash flow.
*** ALL DATA BASED ON SIGNED TAX RETURNS ***
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:
Very Nice, Can Be Relocated
Market Competition and Expansion:
Competition: Limited Due To Specialized Service. Growth/Expansion:
Excellent / Above Average.
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.