Refrigeration Company in Central Virginia

Not Disclosed, VA

Central Virginia

Asking Price: Annual Revenue:
$1,300,000 $1,625,000

Services: Construction, Contractors

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RE: Refrigeration Company in Central Virginia Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $1,625,000
Net Profit: $425,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 153648609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a successful refrigeration company in Central Virginia. The company sells refrigeration equipment and provides routine maintenance work. The company does very little advertising and would benefit from a marketing plan as well as the creation of an active social media site. New clients are generally referrals from existing clients.

Financing possible for a qualified buyer.

Seller will provide support and training following the sale.

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Property Features and Assets:

Business is currently operated from owner's home. It will need to be relocated upon purchase.

Market Competition and Expansion:

The global industrial refrigeration market is expected to reach $14,525.69 million in 2024, from $10,127.57 million in 2017, growing at a CAGR of 5.4% from 2018 to 2024. Industrial refrigeration refers to the process of cooling using refrigeration and cooling systems to remove the heat from a low-temperature medium and transferring it to a high-temperature medium. Industrial refrigeration systems are deployed at large freezing and refrigeration plants for use in various industrial applications such as food & beverage processing, cold storage, and others. The growth in demand for industrial refrigeration systems in the majorly drives the growth of the market, owing to the increased use of packaged & processed food & beverages and prevention of spoilage of semi-processed food & drinks. The application segment is divided into fruit & vegetable processing, beverage, refrigerated warehouse, chemicals & pharmaceuticals, dairy & ice-cream processing, meat, poultry & fish processing, refrigerated transportation, and others.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is leased.
  • The owner is 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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