Mature Refrigeration C0o

Confidential, VA
Prince William County


Asking Price: Annual Revenue:
$1,500,000 $2,450,000

Manufacturing: Machinery


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RE: Mature Refrigeration C0o Broker: Greg Ellwood

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $2,450,000
Net Profit: Not Disclosed
Cash Flow: $425,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 14
BBN Listing #: 68844640
Broker Reference #: NORTHVA001-N83

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Business Overview:

This mature business is a service provider to the commercial Refrigeration markets of Metro Washington DC. It is a full- service provider of equipment sales, installation, and service of a variety of refrigeration manufacturers. The company does some HVAC commercial work amounting to 10% of the total revenue. The business was started in 1974, focusing on servicing of ice machines and refrigeration equipment. After a successful 40 + years history in the Northern Virginia, Maryland, DC markets the owner has decided to retire. Currently, the business has work and current customers in the NOVA, MD., DC markets with strong client list including The Darden group, Out Back Steakhouse, Glory Days, Red Lobster, Crackle Barrel, and Chick-fil-a, and the Pentagon. It is also licensed in these markets. Nationwide Refrigeration is a non-union shop. The current owner is involved in the businesses on a management basis. He focuses on customer service issues and estimation. The business is located in Northern Prince William county area, with quick access to I-66, 29, and 234. It can also easily access its DC and Maryland customers. This desirable location, along with consistent revenue growth and profitability, a proven track record in the market, and experienced employees all make this an attractive business opportunity.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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