Seller's Contact Information
- RE: Commercial HVAC - Operating For Over 35 Years!
- Contact: Anthony J. Citrolo
Quick Facts
Asking Price: | $3,950,000 | |
Annual Revenue: | $14,490,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 150111983 | |
Broker Reference #: | 1202 |
Business Overview:
This is a premier service business engaged in the design, engineering, and installation of HVAC (heating, ventilation, and air conditioning equipment. Established in the early 80's, the business has a operational history of over 3 decades with a track record and a strong reputation for delivering exceptional, professional, and efficient services. As such, it has grown over the years predominantly through word-of-mouth referrals and is trusted by a diverse range of clients from New York’s industrial, commercial and exclusive residential sectors.
The business is operated by a management team that has exceptional industry experience and career longevity in the business. Key staff members such as technicians, project managers, and estimators are also equipped with the proper qualifications, industry knowledge, and training in up-to-date practices and technologies.
For 2022 they have over $21M in contracts as works in progress; they are currently bidding on over $30M in work for 2022-23.
The owner is looking forward to retirement and has agreed to stay on to ensure a smooth transition to a new owner for a time period to be negotiated.
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Property Features and Assets:
The central location and ease of access to multiple highways makes this an excellent spot to run the business from.
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
Documents:
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