Location |
Northern NJ |
Years Established |
35 years |
Number of Employees |
17 Full-Time |
Rent |
$33,600 |
Asking Price |
$900,000 |
Gross Sales 2006 |
$2,684,000 |
Cash Flow 2006 |
$307,000 |
FF&E |
$130,000 |
Inventory |
$70,000 |
Company Overview:
Established for 35 years, the company is an HVAC service company, offering both new installation and service. Approximately 84% of their clients are residential customers, while the remaining 16% are commercial and new construction clients. Residential service is 14%, Commercial service is 1%, residential installation is 70% and commercial installation 15% of all revenues. The company installs Gas furnaces, Central air conditioners, Heat pumps, Fan coils, Boilers, Generators, and then services everything it installs. The company typically targets management companies, commercial property owners, and home owners as their customer base. This business has been pre-approved for an SBA loan for a qualified buyer. Sellers will insure a smooth transition for new owner.
Company Highlights:
- Growing sales with increasing earnings, Sales in 2004 were below $2,000,000 and are expected to exceed $2,800,000 in 2007.
- Skilled sales and labor force. Average employee has been there eight years.
- Excellent location for the staff to service a large geographic area
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