Seller's Contact Information
- RE: HVAC $1 Million Plus Sales-$250K Cash Flow
- Contact: Darren Smith
Quick Facts
Asking Price: | $625,000 | |
Annual Revenue: | $1,242,350 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $269,434 | |
Total Debt: | Not Disclosed | |
FF&E: | $12,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 5 | |
BBN Listing #: | 87504955 | |
Broker Reference #: | 3408-16846 |
Business Overview:
LOW OVERHEAD with Good Cash Flow!
Gross Sales for 2022 reached $1,242,350 with a cash flow of over $269,000.
HVAC businesses are in high demand with the coming and going of seasons. For over 17 years this Heating & Air Conditioning company has been providing installations, service, and repair of A/C and heating units to commercial and residential properties throughout the NYC Area. They also install repair and service refrigeration and ice machine units.
Many of the company service contracts are to maintain server rooms which must be temperature controlled. They currently have skilled and knowledgeable employees, and the owners are willing to stay on for a short period of time to help with the transition. As the owners look toward retirement, a new owner is needed that can handle the growth of the company.
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Property Features and Assets:
Main office operates out of one of the owners home. They also have a very small office in NYC on site at a clients office in a prestigious NYC building. Assets = $12,000
Market Competition and Expansion:
Commercial and residential. Strong referral base. The owners have done a great job keeping the revenue steady over 17 years but as they look toward retirement a new owner could easily grow the business with a more updated marketing campaign.
Reason for Selling:
Owners will retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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