Commercial and Residential Refrigeration and HVAC

NOT DISCLOSED, Ohio

Asking Price $1,200,000 Year Established 1985
Annual Revenue $1,440,000 Reason for Selling retirement  
Annual P/L $0 Attention Jeffrey S.
Annual Cash Flow $250,000 Listing Number 993457  
# of Employees 7 Business Category Services: Construction, Contractors

Business Overview:

Outstanding opportunity to acquire a highly profitable refrigeration, HVAC and generator business.

The purchase price includes vans, trucks, trailers and other equipment needed to operate the business, with a value of over $250,000.

Revenue is approximately 70% commercial, and 30% residential. Revenue streams include:

-Refrigeration including ice machines, and both walk-in and reach-in refrigerators and freezers
-HVAC ranging from standard residential home units, to multi-family units and large roof top commercial units
-Whole home generator sales, installation, and service
-Walk in cooler and freezer trailer rentals
-Annual commercial and residential service contracts

Property Features and Assets:

<p>Established in 1985 and serving SE Ohio and West Virginia, the business has an outstanding reputation which has allowed it to grow into a regional leader in the installation and service of commercial refrigeration and HVAC equipment.<br></p><p>Facilities include a 7,800 square foot main building, a 1,000 square foot garage, and a second 625 square foot garage used to store cooler trailers<br></p>

Market Competition and Expansion:

<p>The business operates in an area with limited local competition, especially for larger commercial projects.<br><br>The seller regularly turns away work.<br></p><p><br></p><p>Demand continues to be strong, especially on the commercial side of the business. A focus on staffing for this growth could lead to an immediate expansion of the business.<br><br>The business has historically served primarily SE Ohio and WV. Expansion of the geographic region served would result in additional revenue.<br><br>In addition, the seller does minimal advertising as the business (at current staffing levels) is generally fully scheduled through reputation and word of mouth. A social media or other advertising campaign could identify new potential customers.<br></p>

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

Click to Print This Page