Established HVAC Company-Only $98K Down
Burlington County, NJ
Sale Pending
| Asking Price: | $975,000 |
| Gross Revenue: | $1,152,221 |
| FF&E: | $257,429 |
| Cash Flow: | $364,940 |
| Inventory: | $2,500 |
| Established Year: | 1994 |
Listing ID: 2242520Listing provided by BizBuySell
BUSINESS DESCRIPTION
Buy for as little as $98K down! Owner can still take home over $200K/year after debt service!
30-Year Established and Profitable HVAC Business with Excellent Technicians & Customer Base.
Mostly Residential (85%) with some work with township buildings. Primarily handling new installs/replacement with limited ductwork and no new construction.
Business is very organized, well run and excellent reputation with customers. Plenty of repeat business but does not offer service contracts which would be an opportunity for the next owner to tap into the 1,000+ customers in the database.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Not included in the sale but open to discuss the lease of a 2,300 square foot - full metal shop, office and storage building located on the owners home property if needed.
Competition
Several other HVAC contractors in the area but none rise to the reputation and years in business as this company.
Growth & Expansion
Business is performing well but could be optimized for growth by selling service contracts, upselling new systems, increased marketing and advertising, working more with utility company energy efficiency upgrade programs and expanding the geographical area served.
Financing
Lender pre-screened with $98K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Retirement.
Home-Based
This business is Home-Based
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