Seller's Contact Information
- RE: Commercial HVAC And Refrigeration
- Contact: Ron Kleier
Quick Facts
Asking Price: | $10,000,000 | |
Annual Revenue: | $4,394,909 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,820,256 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 20 | |
Employees: | 13 | |
BBN Listing #: | 972528242 | |
Broker Reference #: | KS2940-RK |
Business Overview:
Ready For Explosive Growth
Located in New York State with thousands of available clients, the Company services a diverse list of commercial customers, including most of the local major gasoline companies, drug store chains, convenience stores, fast food restaurants, as well as private commercial accounts such as nursing homes, large/small office buildings, and major general contractors. In addition to HVAC/Refrigeration, the business builds and repairs sheet metal installations, as well as maintaining a variety of convenience store equipment.
Seller has been content to keep the business operations located in the immediate area. The Company has never advertised and doesn’t maintain internet search availability. The Seller has close relationships with large chain store operators who are requesting service for additional locations up and down the East Coast region.
The Company is an authorized service agency for many of the leading equipment companies in the HVAC/R and convenience store industry. The business processes an average of 5,000 service calls per year, mostly on a will call basis, and there are various maintenance contracts with automatic renewals in place.
Their superior customer service has built the business with long-lasting clients and numerous referrals over many years. The office and warehouse facility, which includes a sheet metal fabrication workshop, is available for a long-term lease at competitive rates. The purchase price includes 13 vehicles, as well as a significant amount of work-in-progress and future projects.
The Seller is rarely in the office/warehouse, and operates the business remotely by phone and email. Management personnel employees are available to assume additional responsibilities. There are 8 mechanics, 2 sheet metal fabricators, a foreman, and office manager on staff, all are non-union. Seller will entertain reasonable offers, and will assist Buyer throughout and after the transition, if desired.
This opportunity is ideal for an owner-operator, or as a strategic acquisition for operators in the commercial heating, air conditioning, and refrigeration industry.
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Property Features and Assets:
8,000 square feet for lease.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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