Commercial HVAC Contractor w Revenue over 8M!

NOT DISCLOSED, New Jersey

Asking Price $2,000,000 Year Established 2015
Annual Revenue $8,265,009 Reason for Selling Dissolve Partnership  
Annual P/L $0 Attention Libby Rabinowitz
Annual Cash Flow $719,297 Listing Number 991945  
# of Employees 28 Business Category Services: Construction, Contractors

Business Overview:

UPDATE: THIS LISTING IS CURRENTLY ON HOLD, DUE TO A POSSIBLE INTERNAL BUYOUT
Commercial HVAC contractor that focuses primarily on new installations in commercial buildings in New Jersey. They have been operating for 10 years with revenues consistently growing each year and are now over $8 million annually. The company has 4 crews on the road daily and a total of 28 well-trained employees. They do all their sheet metal work in-house as well as design and build their own control systems for the HVAC units they install, which allows them to be very competitive on pricing jobs. Two partners started the company in 2015, and they are now looking to part ways, which is the reason for the sale. This business is pre-approved for SBA financing, which makes it a perfect opportunity for someone looking to get into a construction-related business in one of the fastest-growing markets in NJ! 

Property Features and Assets:

<p>Monthly Rent: $8,400.00<br><br>Square Units (Foot, Meter): 4,981<br><br>Lease Expiration Date: February 16, 2028, 3:00:00 AM<br></p>

Market Competition and Expansion:

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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