Seller's Contact Information
- RE: Established HVAC- High Recurring Revenue
- Contact: Darren Smith
Quick Facts
Asking Price: | $800,000 | |
Annual Revenue: | $1,471,446 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $294,961 | |
Total Debt: | Not Disclosed | |
FF&E: | 150,376 | |
Real Estate: | Not Disclosed | |
Year Established: | 1965 | |
Employees: | 10 | |
BBN Listing #: | 86264955 | |
Broker Reference #: | 3408-17374 |
Business Overview:
Lender Pre-qualified - Buy Now for $80K down.
HVAC businesses are in high demand with the coming and going of seasons.
For over 50 years, this Heating & Air Conditioning company has been providing A/C and heating installations, service, and repairs to residential and commercial customers throughout the Northern New Jersey Area.
This business is recession proof! The company has a large amount of recurring service contracts. Specializing in Equipment replacement and servicing of HVAC systems. 80% of revenue is repeat business. The company has been one of the market leaders in this part of NJ for over five decades.
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Property Features and Assets:
Company operates out of a company owned facility. Current owner is willing to give any new buyer a favorable new lease. Assets = $155,376
Market Competition and Expansion:
Very competitive industry, but the reputation of this company sets it apart from its competition. The owners have done a great job keeping the revenue steady over the years but as they look toward retirement a new owner could easily grow the business with a more updated and aggressive marketing campaign.
Reason for Selling:
Owners retiring.
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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